Thursday, December 20, 2018

A Warning from Xi Jinping

President Xi Jinping opened the 40th Anniversary of China's reform by warning of "Unimaginable" perils that only his leadership of the Communist Party can control.

Confronted by President Donald Trump's multifaceted macroeconomic and geopolitical efforts to use trade, diplomacy, and military muscle to counter "Made in China 2025" ambitions to achieve world technological and supply chain dominance, Xi is moving to bifurcate the world into competing American and Chinese spheres of influence.

Speaking to 10,000 state officials at the Great Hall of the People to mark the 1978-2018 period of economic opening reforms, Xi spent an hour-and-a-half emphasizing: "The practices of reform and opening up in the past 40 years have shown us that the Chinese Communist Party leadership is the fundamental character of socialism with Chinese characteristics east, west, south, north, and the middle, the party leads everything."

Since taking power in 2012, General Secretary and President Xi has disciplined 18 full members and 17 alternative members of the 35 members of the Chinese Communist Party.

The period is known to be especially personal to Xi, because his father Xi Zhongxun was dragged by Red Guards in front in front of a mob and disgraced for gazing through binoculars at West Berlin during a visit to communist East Germany.

President Xi then asserted a deeper primacy of the Chinese Communist Party's rule by purging the term "Private sector" when he stated: "We must, unswervingly, reinforce the development of the state economy while, unswervingly, encouraging, supporting and guiding the development of the non-state economy." Bloomberg reported that Asian composite stock index fell during the Xi's speech.

China's Communist Party-controlled news services hailed the Trade War Truce dinner the next morning as a tremendous negotiating accomplishment.


https://www.americanthinker.com/articles/2018/12/a_warning_from_xi_jinping.html

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