Wednesday, October 18, 2017

Here comes the new boss...Global Governance According to China

Global Governance According to China

Chinese party congress: 'Global governance' under Xi Jinping

Chinese party congress:

'Global governance' under Xi Jinping

Beijing: The eyes of the world will be on Beijing on Wednesday, as Chinese President Xi Jinping delivers the Communist Party's report on China's direction for the next five years.
Australian anxieties over its largest trading partner's strategic intentions may find some answers if, as expected, Mr Xi articulates his vision for his country's role in the world as a major power.
The signs are China's more assertive new foreign diplomacy will be showcased at the party's national congress in a way not previously seen.
Mr Xi is also expected to consolidate his grip on domestic power at the twice-a-decade meeting.
Around 2200 delegates will meet to usher change through the party's Central committee, up to the 25 members of the Politburo, and finally the seven-member Standing Committee.
Mr Xi will serve a second term as general secretary, and is referred to as the party's "core".
But in a further elevation, the party's constitution will be amended to insert a "theory" from Mr Xi, to rank alongside contributions from Mao Zedong and the great reformer Deng Xiaoping.
The official China Daily newspaper editorialised on Tuesday that China's "new diplomatic thinking" could form the basis of this theory.
Mr Xi has clocked up 570,000 kilometres on his chartered plane in five years, spending 193 days abroad on 28 visits to 56 countries in five continents, according to the party's mouthpiece the People's Daily.
The newspaper devoted seven pages to Mr Xi's international diplomacy on Monday, including his contributions to economic globalisation, China hosting the G20, establishment of the Asian Infrastructure Investment Bank - and his frequent flier mileage.

"They were largely domestic issues until now. But thanks to the opportunity opened up by Trump, and Xi's assiduous work over the last few years on the foreign policy side, this will be the first global party congress," says Professor Brown.
"It's a recognition that only as a global actor can China become great even in itself. This congress is part of the search for validation."
Hong Kong Baptist University's head of government studies, Jean-Pierre Cabestan, says over the past five years Mr Xi has promoted China to the "top of the great power game, helped by the difficulties of the US".
Mr Xi has created a "new myth" that China is the best student of economic globalisation, and has been "very good" at positioning itself at the top of the fight against climate change, he said.
It has also been very active within United Nations peacekeeping operations - the theme of the Chinese blockbuster film, Wolf Warrior 2.
But China's rise to economic dominance has not been easy, said Professor Cabestan, as it "has seen a lot of push back from neighbours".
There were domestic concerns that the Belt and Road Initiative, Mr Xi's signature foreign policy to create trade routes by offering billions of dollars for countries to invest in infrastructure, could be "too heavy handed and too visible" prompting pushback.
People's Daily said Mr Xi had made Chinese diplomacy more strategic and pro-active. It listed the disputed Diaoyu Islands, East China Sea and South China Sea as core issues where China had "clearly showed its standpoint ... and won major victory".

Xi Jinping lays out blueprint to make China a global superpower by 2050

Xi Jinping lays out blueprint to make China a global superpower by 2050

Xi affirmed the Communist Party's supremacy and heralded a 'new era of socialism with Chinese characteristics'

Chinese President Xi Jinping, bottom centre, presides over the opening ceremony of the 19th Party Congress held at the Great Hall of the People in Beijing Wednesday, Oct. 18, 2017

President Xi Jinping warned of severe challenges while laying out a road map to turn China into a leading global power by 2050, as he kicked off a twice-a-decade party gathering expected to cement his influence into the next decade.
Although his wide-ranging address made clear there were no plans for political reform, Xi said China’s development had entered a “new era”, using the phrase 36 times in a speech that ran nearly 3-1/2 hours.
“With decades of hard work, socialism with Chinese characteristics has crossed the threshold into a new era,” Xi said.

Chinese President Xi Jinping addresses more than 2,000 delegates during the opening session of the 19th Communist Party Congress on October 18, 2017 in Beijing, China. 

The twice-a-decade event, a weeklong, mostly closed-door conclave, will culminate in the selection of a new Politburo Standing Committee to rule China’s 1.4 billion people for the next five years, with Xi expected to consolidate his control and potentially retain power beyond 2022, when the next congress takes place.
The 64-year-old Xi, widely regarded as the most powerful Chinese leader since Mao Zedong, spoke to more than 2,000 delegates in Beijing’s cavernous, red-carpeted Great Hall of the People, including 91-year-old former president Jiang Zemin. Security was tight on a rainy, smoggy day in the capital.
As expected, the speech was heavy on aspiration and short on specific plans.

Rumoured to have died a few months ago, China’s 91-year-old former president Jiang Zemin reads papers with a magnifying glass on October 18, 2017.
Xi also laid out an ambitious plan to make China a “great modern socialist country” in the following 30 years — part of what he has called the “Chinese dream.” By 2050, he said, the party would be near the goal of achieving a “beautiful China” with the rule of law, innovative companies, a clean environment, an expanding middle class, adequate public transportation and reduced disparities between urban and rural areas.
“Chinese people will enjoy greater happiness and well-being, and the Chinese nation will stand taller and firmer in the world,” Xi said of his vision for 2050.
Xi painted China’s governance system as a unique development model while hailing signature policies such as his Belt-and-Road infrastructure initiative and anti-corruption campaign, which has ensnared some 1 million officials since 2012 and sidelined many of his would-be rivals.
Xi affirmed the Communist Party’s supremacy and said that China shouldn’t copy the political systems of foreign nations, repeatedly emphasizing that the country had entered a “new era of socialism with Chinese characteristics.” He called for the rejection of the “Cold War mentality” in addressing global challenges, and said China would never seek global hegemony.

Chinese President Xi Jinping inspects troops of the People’s Liberation Army during a military parade to commemorate the 90th anniversary of the founding of the PLA on Sunday, July 30, 2017. 

Xi said the Communist Party will strive to fully transform the People’s Liberation Army into one the world’s top militaries by 2050, and emphasized the need to modernize its combat capability.
“A military is built to fight,” he said.
Investors are watching to see whether Xi will push through tough reforms as the world’s second largest economy faces structural challenges over the next five years. At the same time, he’s seeking to boost China’s global clout with infrastructure spending while avoiding a conflict with U.S. President Donald Trump over North Korea.
“We have a fairly clear blueprint of Xi Jinping’s political economy, with incredibly robust, strengthened state-owned sector playing a large role in propping up growth,” said Jude Blanchette, engagement director at the Conference Board’s China Center.

Soldiers and security guards wait for delegates to arrive for the opening ceremony of the 19th Communist Party Congress in Beijing’s Great Hall of the People on October 18, 2017. GREG BAKER/AFP/Getty Images

“We’re moving into a sort of China Inc. 2.0, a real upgraded version that, sure, has markets and they’re going to play a really important role in this, but this is all within a bird-caged economy.”
While economic growth has surprised on the upside in recent quarters, inefficient state-owned enterprises and ballooning corporate debt pose threats to stability. Last year, China saw its slowest full-year growth in about a quarter century, and S&P Global Ratings last month cut China’s sovereign rating for the first time since 1999.
The Communist Party has been adept at changing course and finding ways for its citizens to make money, according to Fraser Howie, co-author of the books “Red Capitalism” and “Privatizing China.”

Road construction workers watch a speech by Chinese President Xi Jinping during the opening ceremony of the 19th Party Congress. Chinatopix

“The bargain certainly in the past 25 years plus has been: forget political freedoms, we will allow you to get rich,” Howie said. “Keeping power has been of absolute paramount importance to the party, and that’s the focus of what these meetings are about.”
Throughout the week, more than 2,000 delegates to 19th Party Congress will discuss and approve Xi’s report and revisions to the party charter. They will also appoint a new Central Committee, which will elect the party’s Politburo and its Standing Committee — China’s most powerful body — the day after the congress ends on Oct. 24.
Xi is set to emerge as one of the country’s top three leaders. He’ll be looking to secure a majority of allies on the new Standing Committee, which may potentially include possible successors who could rule until 2032.
With files from Reuters

Hostesses serve tea before the opening session of the Chinese Communist Party’s Congress at the Great Hall of the People in Beijing on October 18, 2017.