How Xi’s Bid for Indefinite Rule Could Backfire

  • New political system may be breeding ground for policy error
  • In short term, Xi may be able to push through reform agenda
Bloomberg’s Stephen Engle reports from the Chinese National People’s Congress in Beijing.(Source: Bloomberg)
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Chinese President Xi Jinping won’t extend his rule without peril.

History is littered with leaders who sought to prolong their grip on power. While that may bring short-term continuity in policy and a sense of stability to the economy, in the longer term it can create risks, both for the countries they govern and for themselves.