Reaction to China's 20th Communist Party Congress - 1 minute read


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China's Xi Jinping secured an unprecedented third term in power on Sunday and unveiled a new Politburo Standing Committee made up of loyal followers, cementing his place as the country's most powerful ruler since Mao Zedong.


Here are the first reactions from analysts and experts:


ALVIN TAN, HEAD OF FX STRATEGY ASIA, RBC CAPITAL MARKETS, SINGAPORE”

“It appears to be controlled by Xi's allies.

“In terms of policy making, it means that there is likely to be more respect for Xi Jinping's own views on how to move the country and the economy forward... I can imagine that the policy of zero COVID is probably more entrenched and will be further enforced in this matter of common prosperity and the like.''


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