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China’s Private Sector Shut Out of Xi’s Party Congress – FT

This year’s congress was attended by 18 delegates who hold executive roles at private companies, down from 34 in 2012, the FT said


Xi's focus on China bolstering self-reliance on technology suggests Beijing will ramp up spending and take possibly take a whole new approach in the chip sector.
A movement called the 'Toilet Revolution' has sprouted across China because cubicles are the only places where many citizens feel free to voice their opinions. It is also a jibe against Xi’s campaign to improve the cleanliness of public restrooms. Photos of anti-Xi graffiti has spread lately on Instagram, CNN said. File photo of Xi at the Congress in Beijing last week by Thomas Peter, Reuters.

 

Corporate attendance at China’s Communist Party congress has fallen by 50% since Xi Jinping came into power, the Financial Times reported.

This year’s congress was attended by 18 delegates who hold executive roles at private groups out of a total of 2,296 party members at the Congress, which the report said was a drop from 34 private sector delegates at the 18th Congress in 2012 when Xi took charge.

Read the full report: The Financial Times.

 

Read more:

Xi’s Focus on Tech Points to ‘Rejig of China’s Chip Strategy’

 

We Will Never Rule Out Using Force on Taiwan: Xi Jinping

 

Xi Jinping Doubles Down on China’s Zero Covid Policy – NYT

 

CCP Announces Plan to Take Control of China’s Private Sector

 

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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