On Sunday, Chinese President Xi Jinping opened the twentieth conference of the ruling Communist Party, which will last for a week, during which he will win a third presidency and strengthen its position as the strongest ruler of the country since Mao Zedong.
About 2,300 delegates from across the nation attended the event, which got underway at the Great People’s Hall on the western side of Tiananmen Square under heavy security.
In his speech, which is scheduled to evaluate the party’s accomplishments in recent years and establish broad targets for the next five years, Xi, 69, entered the room. In general, analysts do not anticipate any dramatic shift in the course of politics.
Redmond Wong, a market analyst at Saksu Bank, stated in a memo on Friday, “We do not see any reason that he calls for changing the course or making significant adjustments to the key concepts and methods that he set in place in the past decade.
The 20th meeting of the ruling Communist Party of China is opened by the country’s president.
About Author
