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Finance & Economy

China, the economy and Xi Jinping’s strategy

Chinese President Xi Jinping attends the second plenary session of China's parliament last month in Beijing.

Chinese President Xi Jinping attends the second plenary session of China’s parliament last month in Beijing.

Few economies in the world are more closely watched than China’s. It is the second largest and fastest growing economy, so there’s a lot of attention being paid to who’s running things. Chinese President Xi Jinping is the most authoritarian leader the country has seen since since Mao Zedong.

Jinping is making a clear effort to accumulate all of the formal structures of power in China. He is the head of the party, the head of the military and the head of the state. He has taken control of the police and the courts, and he even runs all of the most important committees on foreign affairs and government restructuring.

Although Jinping is taking over every structure of power in the country, he polls pretty well because of his anti-corruption campaign and patriotism.

“His success, failure and legacy will rest on his ability to re-engineer the Chinese economy for a new chapter,” says Evan Osnos, who wrote about Jinping’s rise to power for the New Yorker. “So that it’s driven more by entrepreneurship [and] innovation, and less than by simply infrastructure and exports.”

In order to do that, Jinping has to win some pretty big political fights, which is why he is accumulating power so fast and so brutally.

While many people who watch China from the outside see an economic force and growth, Jinping sees a serious corruption problem, environmental pollution and unrest — a series of threats to the Communist Party.

Source: Marketplace – China, the economy and Xi Jinping’s strategy


About Sky In Company

I am Genevieve Cheung, originally from Hong Kong. After completing secondary studies, I moved to Australia where I completed a degree in Bachelor of Business Management at the VUT in Melbourne. After graduation I moved to Italy where I have been living for more than twenty years. My vast cultural background and extensive linguistic knowledge (speak and write fluent English, Mandarin/Cantonese Chinese and Italian), allow me to join our company- SKY IN COMPANY (HK/ITALY). We provide main services such as web-site translations from Italian/ English to Chinese/English, and SEO services for the Chinese search engine "Baidu". Our offices, based in Hong Kong and Italy, have a young and dynamic team with collaborators around the world. Sono Genevieve Cheung, originaria di Hong Kong; dopo aver completato gli studi secondari, mi sono trasferita in Australia, dove ho conseguito una Laurea in Bachelor of Business Management presso la VUT di Melbourne. Dopo la Laurea mi sono trasferita in Italia, dove vivo ormai da più di venti anni. Il mio background culturale e la vasta conoscenza linguistica (parlo e scrivo correntemente l’inglese, il cinese mandarino e l’italiano), mi consentono di partecipare in quest’attività di traduzione in Italiano/English/Cinese. La principale attività della nostra ditta – SKY IN COMPANY (HK), consiste nella traduzione in lingua cinese di siti web italiani, nonché di servizi di tipo SEO rivolti al motore di ricerca cinese “Baidu”. La nostra ditta principale, con base in Hong Kong, dispone di un team giovane e dinamico con collaboratori in tutto il mondo. WWW.SKYINCOMPANY.COM skyinhk74@yahoo.com.hk HONG KONG OFFICE: Flat b 15/F, Block 7 Yee Mei Court, South Horizon, Ap Lei Chau, Hong Kong Island Hong Kong Tel: ++852 92235260 ITALY OFFICE: Via Metastasio 27 Firenze 50124 Italy Tel: ++39-347 1429011


18 thoughts on “China, the economy and Xi Jinping’s strategy

  1. Reblogged this on The Militant Negro™.


    Posted by Mr. Militant Negro | April 10, 2015, 2:57 am


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