The year 2024 is marked by significant elections in many countries, providing opportunities to shape political landscapes. Following Narendra Modi’s India in the spring, the United States will have its turn in the autumn. China, without elections, commemorates 75 years of the People’s Republic and reaffirms President Xi Jinping’s model. Despite apparent consistency, China is undergoing significant changes.
The recent plenum outlined plans for internal reforms, focusing on addressing imbalances and enhancing national security. These initiatives include providing better public services to rural populations, restructuring the tax system, and reforming the pension system. However, China also aims to become self-sufficient in key industries and resources, emphasizing science and technology for national security.
Ruptures
President Xi Jinping’s consolidation of power, repression of minorities, and shift towards supporting industry mark a new phase for China. The country’s alignment with Russia amid global tensions signals a departure from previous diplomatic strategies. The emphasis on technological advancement may impact global economics and citizen well-being, raising questions about the future under Xi’s leadership.
China’s evolving political and economic strategies under Xi’s leadership are set to reshape global dynamics, posing challenges for other nations.