19th Party Congress
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- Property bubble
- Housing bubble
Jinghan Zeng argues that China is still playing a long ideological game against the West and that 'The End of History' is no longer guaranteed to favor Western liberal democracy.
Chinese President Xi Jinping's report to the 19th Congress of the Communist Party of China revealed once and for all that Beijing intends to exercise 'comprehensive jurisdiction' over Hong Kong, and that the 1997 promise of '50 years without change' can now be consigned to the dustbin of history.
For all the assertions of China's rising power and strength at the ongoing 19th Party Congress in Beijing, the country's inability to reconcile its past and vulnerability to cults of personality point to inherent institutional weakness.
China’s residential property bubble is helping to sustain economic growth, while increasingly frustrating Chinese citizens. Reforms to taxation arrangements are required, but unlikely in the near term, Xinling Wang writes.
As for Chongqing's new party boss, his path is clear, Chen Daoyin said: 'In the future, he will be (Xi's) successor.'