The Chinese Party Congress has given a standing ovation to Xi Jinping’s promise of a further re-centralizing of political and economic power.
The crumbling Chinese economy, brought about by a collapsing demographic, mass unemployment, the political targeting of successful business people, and the huge debt accompanied by a tumbling Yuan is, counter-intuitively, what has saved Xi’s neck – for now.
The economy is in such bad shape that release of the economic data, including the much awaited GDP growth (or not) has been delayed – indefinitely.
The economy is heading back to a pre-Deng Xiaoping state. To remove Xi would be a public sign of the disorder. He has survived the Congress, but his power base has diminished to the point of non-existence. Xi Jinping is now a figurehead – a symbol of chimeric confidence.
There is another reason that Xi Jinping has been kept in place. His lust for complete power has brought about the convenient fact that he will be the focal point for complete blame.
The geriatric (anyone older than me) past leaders and party stalwarts propped up on the stage to applaud Xi are intended as a sign of unanimity and continuity. Instead, they portray the final shudders of a dying system and the face that the Party hopes will take all the blame.