The Power of One: China’s Xi Secures Third Term; Foreign Business Groups Wary as New Xi Term Begins
China in Focus
#ChineseCommunistParty leader #XiJinPing is now the country’s most powerful ruler in decades. Surrounded by loyalists, where will he lead the nation? #Markets may hold the answer. Hong Kong stocks are plummeting to new lows, alongside China’s currency. New concerns arise over Taiwan. Chinese army officials who had helped monitor the island have been promoted to top positions. Those involved in hacking into the Chinese communist regime’s TV network to counter its propaganda faced deadly consequences. Canada’s pick for an Oscar brings the story to the big screen. Deterring a war with China demands cooperation. An expert says our leadership needs to shift their approach.