Xi wants 2035
Article Breakdown by Caracal
Nikkei: Analysis: Xi Jinping's plan to rule for life is coming together
Third historical resolution and 2035 'common prosperity' target outline path forward
Katsuji Nakazawa
October 21, 2021
Question:
Who will lead China in 2035, when Xi Jinping says substantive progress toward correcting the country's income disparity will have been made?
Here's the answer.
The use of symbolism, connecting with historical trends, and inflection points is strong with the Chinese Communist Party:
In the span of a few days, two key developments have unfolded in China, both directly connected to the bid by Xi Jinping, the country's president, and the party's general secretary, to become leader-for-life.
One is what is called the "third historical resolution," whose content will be made public next month. The other is the emergence of a timetable for Xi's new political goal of "common prosperity.”
"As German philosophers Georg Hegel and Karl Marx said, history repeats itself," said a Chinese Communist Party source familiar with the party's internal affairs, referring to the third resolution. "There is no doubt that President Xi is aiming to become leader-for-life, emulating the two figures who issued the first and second resolutions."
Boom:
"The third resolution on history has a weighty meaning. To put it simply, the new document indicates the possibility of Xi becoming the third great figure in the party's history."
But why this need?
Does Xi need to be the Chinese Communist Party's third great figure, or does the Chinese Communist Party need a third great figure?
Xi is thinking generationally, at least that's the perception he wants to project to internal and foreign audiences:
Xi's role model is Mao, not Deng.
Although Xi is said to be aiming for an unusual third five-year term, from 2022 into 2027, the most recent moves all but confirm he is looking further ahead.
So, where is Xi taking the Chinese Communist Party? Once it was the Chinese Dream, but now it is common prosperity:
But what would a common prosperity world look like?
So far, not pretty. Since the phrase emerged, the Chinese economy has suffered a significant downturn as investors fear what political moves await.
As always, when it comes to the Chinese Communist Party - moving from aspirational to operational is the challenge:
With the leader's goal set in stone, common prosperity must be realized at any cost. And if problems arise? Those will be treated as necessary sacrifices.
Enjoy the ride and plan accordingly:
This is just the beginning. Prepare for unprecedented developments as Xi extends his reign.
To read the full article - click here.
Caracal is China Political Intelligence.
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