Daily Bulletin

The Times Real Estate

.

  • Written by Sunanda Creagh, Editor, The Conversation
image

Next week, the Communist Party of China will commence its 19th National Party Congress, where its leadership and policy agenda for the next five years will be announced.

The deals done at this high-stakes meeting will have long-term international implications, as President Xi Jinping consolidates his power against a backdrop of China’s growing assertiveness on the world stage.

The party has close to 90 million members, making it the world’s largest ruling party, and is run by a Central Committee of around 200 members. But this committee only meets once a year, and most of the actual governing is done by its two smaller executive bodies: the Political Bureau (Politburo) and the Politburo Standing Committee (PSC).

The make-up of all three political bodies will change at the party congress. But what is most important is who is elected onto the Politburo Standing Committee, which is China’s highest body.

It is almost certain that Xi will be confirmed as general secretary for his second five-year term and retain his position on the PSC, but not much else is known.

The process is highly secretive. And with five of the seven current members of the PSC due to retire, there is a lot of uncertainty and speculation as to who will step onto the stage with Xi as the new members of the PSC.

The Conversation asked Ryan Manuel, AsiaGlobal Fellow at the University of Hong Kong, to help explain this opaque event and its implications for China and the rest of the world.

Special thanks to UTS postgraduate.futures for assisting with the production of the video.

Authors: Sunanda Creagh, Editor, The Conversation

Read more http://theconversation.com/video-explainer-at-chinas-19th-national-party-congress-xis-vision-and-legacy-are-at-stake-85325

Business News

How Australian Startups Should Responsibly Collect, Use and Store Customer Data?

Owing to the digital landscape, data is the most important currency in the market. From giant e-commerce sharks to small businesses, every company is investing heavily to responsibly collect data an...

Daily Bulletin - avatar Daily Bulletin

Revolutionising Connections - The Power of Customer Engagement Software

As time goes by, customer expectations keep on rising ever so rapidly. Businesses that must keep pace will need future-ready tools to deliver connectedness at every touchpoint. Customer engagement a...

Daily Bulletin - avatar Daily Bulletin

Benefits of Outsourced Bookkeeping for Growing Businesses

Outsourced bookkeeping can have numerous benefits regardless of the size of business. The main advantage being it can provide more than just cost savings. So, if you are thinking of outsourcing your b...

Daily Bulletin - avatar Daily Bulletin

LayBy Deals