October 27, 2022
Analysts Discuss China Coup That Wasn't
Source: Voice of America
Journalist: Natalie Liu
Most outside analysts believe that by sidelining people like Li and Wang, who favored a greater role for market forces in the Chinese economy, Xi has cleared the way for bringing more of the sources of wealth creation under the direct control of the Communist Party.
"Xi Jinping may have killed the golden goose for China because he attributes the source of China's success to the wrong sources," said Jacob Stokes, a senior fellow at the Center for New American Security, a Washington-based think tank.
"He thinks it's due to party control," Stokes said, "when actually much of the success of China is probably better attributed to the party getting out of the way, to some extent, of the population's entrepreneurial spirit, and hard work and innovation, and that requires a degree of freedom."
Apart from the centralization of the economy, Xi was seen by many close watchers of the congress as having used the event to signal a hardening of his administration's determination to bring Taiwan under Beijing's control, by force if necessary.
Read the full article and more from Voice of America.