2021 Issue 41

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Economic pressures on the Chinese Communist Party continue to grow as an energy crisis spreads across the country, inflation hits industrial inputs and the potential contagion from China Evergrande’s slow collapse expands as Chinese developers cannot access global debt markets.  These problems, combined with public amphibious exercises by the Chinese military meant to intimidate Taiwan and a humiliating capture of nearly 200 Chinese soldiers by the Indian Army when they crossed into India, suggests that the challenges for Xi Jinping are only growing stronger. 

Xi’s decade-long effort to make himself the ‘Chairman of Everything’ could result in serious political challenges as Chinese citizens and Party members question his decision-making prowess.