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The Eastern Window: Dear Leader Xi and his minions

China is now run by a new set of leaders who are personally loyal to Xi Jinping, ending the Communist opposition to the personality cult system. Though the sliding economy is China’s biggest challenge, Xi remains obsessed with security threats coming from outside the country’s borders. What Xi’s attitude would do for investments and markets is clear from the 7.3 percent fall in the Hang Seng Enterprises Index on Monday, in the worst sell-off in decades

October 25, 2022 / 11:01 IST
Xi owns China politically and legally ahead of starting his third term as president in March (File image: AP)
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