Opinion
Xi Jinping’s third term is a tragic error
China’s macroeconomic, microeconomic and environmental difficulties remain largely unaddressed.
Martin WolfColumnistXi Jinping will shortly be confirmed for a third term as general secretary of the Communist party and head of the military. So, is his achievement of such unchallengeable power good for China or for the world? No. It is dangerous for both.
It would be dangerous even if he had proven himself a ruler of matchless competence. But he has not done so. As it is, the risks are those of ossification at home and increasing friction abroad.
Financial Times
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