Chinese President Xi Jinping is demanding new guarantees of loyalty from the Chinese government as he tightens his grip on the Chinese Communist Party (CCP) government, the South China Morning Post reported.
Over the weekend, President Xi ordered China's law enforcement and political institutions to step up efforts to protect national security and “mitigate” economic and social risks to the Chinese Communist Party regime. according to In the post. Mr. Xi's new demands come in tandem with China's economic downturn, which drove out foreign investors in 2023, and rising international political and military tensions. (Related: 'Democracy wins': Taiwanese voters ignore China's warnings as they choose next president)
According to the paper, Xi's orders include ensuring that these institutions “uphold the absolute leadership” of the Chinese Communist Party regime and direct their efforts to “advancing” China's presence on the international stage. It also included the demand. In his instructions, Xi noted that government agencies must “prevent and resolve major security risks,” “resolutely maintain social stability” and “resolutely maintain internal relations among the people.” “The conflict should be dealt with appropriately.”
Regarding the economy, Xi told government agencies that it is essential to maintain socialist market structures and punish those who violate its laws, citing fraud and theft of intellectual property as examples, the paper said. Ta.
Foreign investment left China at a record pace as the Chinese economy struggled to gain traction throughout 2023, with several industrial sectors, primarily real estate, missing performance targets for the year. China's main stock portfolio index also had the worst performance among global indexes in 2023.
Breaking news 🚨: Chinese stocks
The CSI China 300 Index has fallen 1.3% since the beginning of the year, the biggest first-day decline since 2019. pic.twitter.com/TSdObF4AyD
— Barchart (@Barchart) January 3, 2024
China faced difficult relations with the Western world in 2023 and spent much of the year in a politically unstable situation with the United States. President Xi Jinping's meeting with President Joe Biden in November was seen as a major step in the right direction, with the two sides finding compromises on several issues, but the outcome will depend on the outcome of the 2024 US presidential election. Beijing's preference for a Biden administration could be reversed.
China risks losing further Western political support by defending against Russia's invasion of Ukraine. according to To the Wilson Center. European leaders told Xi in December that Russia's support for President Vladimir Putin sets the standard for EU-China relations, but Xi has made no apparent change in attitude.
China also faced growing criticism over its military actions, including in 2023 when it stepped up its invasion of the island of Taiwan, which it considers not independent of the mainland but its only asset. Taiwan's anti-Chinese Communist Party candidate Lai Ching-de won Saturday's 2024 presidential election, which is expected to result in increased military attacks on the island. according to To Axios.
China's Ministry of Foreign Affairs did not respond to a request for comment.
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