Berliner Boersenzeitung - China's Communist Party Congress opens to endorse Xi's rule

EUR -
AED 4.099459
AFN 72.55656
ALL 90.854432
AMD 403.236651
ANG 1.997863
AOA 1024.725669
ARS 1725.716503
AUD 1.620032
AWG 2.009266
AZN 1.908969
BAM 1.95792
BBD 2.251649
BDT 139.310855
BGN 1.951032
BHD 0.422353
BIF 3344.903956
BMD 1.116259
BND 1.432558
BOB 13.416528
BRL 6.156839
BSD 1.11797
BTN 104.985685
BWP 15.400226
BYN 3.347906
BYR 21878.671669
BZD 2.248447
CAD 1.574248
CDF 2589.720669
CHF 0.914947
CLF 0.0277
CLP 1090.183107
CNY 7.452703
CNH 7.448895
COP 3616.432801
CRC 507.00375
CUC 1.116259
CUP 26.831195
CVE 110.384532
CZK 24.322276
DJF 199.07927
DKK 7.475501
DOP 67.930698
DZD 152.243187
EGP 60.341267
ERN 16.743881
ETB 183.485227
FJD 2.528995
FKP 0.835844
GBP 0.834074
GEL 2.896647
GGP 0.835844
GHS 13.069152
GIP 0.835844
GMD 83.157879
GNF 9901.932318
GTQ 8.547256
GYD 234.483915
HKD 8.751658
HNL 30.047001
HRK 7.555967
HTG 146.496769
HUF 362.944278
IDR 20214.050795
ILS 3.540654
IMP 0.835844
INR 104.731751
IQD 1695.636147
IRR 2111239.352217
ISK 136.8083
JEP 0.835844
JMD 177.430274
JOD 0.791445
JPY 176.643491
KES 145.068585
KGS 97.614372
KHR 4554.728771
KMF 493.386409
KPW 1004.632839
KRW 1507.256269
KWD 0.347224
KYD 0.931779
KZT 501.111442
LAK 25151.180911
LBP 100111.977802
LKR 371.774398
LRD 190.145903
LSL 18.488377
LTL 3.296022
LVL 0.675214
LYD 7.154286
MAD 10.933439
MDL 19.982972
MGA 5080.04349
MKD 61.557339
MMK 2343.536588
MNT 4019.833098
MOP 9.028977
MRU 45.135041
MUR 52.498031
MVR 17.176539
MWK 1938.561406
MXN 20.74952
MYR 4.533466
MZN 71.324403
NAD 18.488791
NGN 1506.414005
NIO 41.14465
NOK 10.535418
NPR 167.895587
NZD 1.993449
OMR 0.429201
PAB 1.118611
PEN 3.853072
PGK 5.095167
PHP 70.632393
PKR 309.195541
PLN 4.391217
PYG 6988.186673
QAR 4.088627
RON 5.333257
RSD 117.643055
RUB 91.531628
RWF 1650.125559
SAR 4.197709
SBD 8.984301
SCR 15.692146
SDG 671.429609
SEK 11.013898
SGD 1.42957
SHP 0.835992
SLE 25.617714
SLL 23407.392948
SOS 638.897077
SRD 41.952909
STD 23104.302586
STN 24.515236
SVC 9.786598
SYP 14513.596028
SZL 18.482073
THB 37.355611
TJS 10.318073
TMT 3.906906
TND 3.346924
TOP 2.687683
TRY 56.014648
TTD 7.581576
TWD 36.663741
TZS 2954.045111
UAH 50.646343
UGX 4574.954062
USD 1.116259
UYU 44.998728
UZS 13346.452419
VES 1000.52103
VND 28480.784096
VUV 133.12733
WST 3.111933
XAF 655.957
XAG 0.021125
XAU 0.000270979015
XCD 3.016745
XCG 2.015783
XDR 0.789253
XOF 655.957
XPF 119.331742
YER 264.134779
ZAR 18.399961
ZMK 10047.670755
ZMW 22.71661
ZWL 359.434865
SSP 6413.165902
MXV 2.332613
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

China's Communist Party Congress opens to endorse Xi's rule
China's Communist Party Congress opens to endorse Xi's rule / Photo: Noel CELIS - AFP

China's Communist Party Congress opens to endorse Xi's rule

Chinese President Xi Jinping on Sunday opened the Communist Party's five-yearly Congress at which thousands of hand-picked delegates are set to rubber stamp his bid to rule for a historic third term.

Text size:

Xi walked onstage to thunderous applause from the hand-picked delegates, who have gathered at Beijing's Great Hall of the People for the five-yearly event.

Should everything go to plan for Xi, the 69-year-old will be reconfirmed as the party's general secretary after the week-long meeting, cementing his position as China's most powerful leader since Mao Zedong.

A heavy police presence was in place around Beijing early Sunday as authorities prepared for the Congress -- which opened at 10 am (0200 GMT) at the Great Hall in Tiananmen Square.

A fleet of buses whisked journalists and other attendees to a virtually empty square rimmed by fluttering red flags and bathed in autumn sunshine.

From there, the participants navigated a string of security checks before entering the hall, where a giant hammer-and-sickle emblem hung over the stage on which top leaders are due to be seated.

"Long live the great, glorious and correct Chinese Communist Party," blared one of the bright red banners adorning the hall.

The event, gathering roughly 2,300 Communist Party delegates, is due to begin with a speech by Xi, who has been in power since 2012.

His address will give an assessment of his previous term and a roadmap for the next five years. It will almost certainly be lengthy, with his 2017 speech lasting three-and-a-half hours.

Congress spokesman Sun Yeli told a press conference on Saturday that the event would end on October 22.

The delegates' main task is to endorse Xi's unprecedented campaign to rule for three terms.

Xi and the party's other leaders are likely to be unveiled the day after the Congress closes.

In the highly choreographed, mostly closed-door conclave, the delegates will also pick members of the party's roughly 200-member Central Committee, which in turn selects the 25-person Politburo and its all-powerful Standing Committee -- the country's highest leadership body.

An editorial in the state run People's Daily on Sunday said the Congress will "plan out the goals, tasks and major policies for the development of the party and the country for the next five years or even longer".

- 'Fatigue' -

One of the key issues will revolve around whether or not to maintain the strict zero-Covid strategy to combat the coronavirus pandemic.

The policy has strengthened social control over Chinese citizens, whose every move is now computer-registered, in a country already criticised internationally for human rights violations.

While state media this week hammered home the notion that "lying flat" in the face of the virus would be "irresponsible", zero-Covid has caused widespread hardship and pulled the handbrake on China's economy.

"It's quite a paradox," said Valarie Tan, an analyst from the Mercator Institute for China Studies in Berlin. "Xi is going to come out of the Congress really very powerful but the country that he is in charge of is in trouble."

The country's near-closure to the rest of the world and repeated lockdowns have stifled the economic growth rate, which this year is set to be China's weakest in four decades, excluding 2020 when the global economy was hammered by the emergence of the coronavirus.

"You do see fatigue after close to three years of zero-Covid," Tan said, added, pointing to discontent that is "percolating to the surface" on social media.

In the lead up to the Congess, China's internet censors removed virtually all references to reports of a rare protest in Beijing that involved banners denouncing Xi and the country's Covid policies.

Video footage and photos shared on social media on Thursday appeared to show a protester draping two hand-painted banners on the side of a bridge with slogans criticising the Communist Party's policies.

- Virus bubble -

The Congress is being held under a strict zero-Covid policy, which sealed organisers and journalists in a virus-secure bubble two days in advance.

Participants have been ordered to take daily Covid tests to attend events, some of which are being held remotely by video link instead of in person.

At a hotel in western Beijing, organisers have set up a press centre crammed with exhibitions extolling Xi, festooned in the Communist Party's signature red and gold.

Scattered around the venue were tables piled with books on Xi's philosophy and China's development.

(U.Gruber--BBZ)