The long-anticipated 20th Party Congress of the Chinese Communist Party, widely seen as Chinese President Xi Jinping’s stage-managed coronation for a third term, began with Xi delivering a two-hour speech focusing on security, further global outreach, and staying the course domestically. None of this surprises China analysts, who predicted these trends far in advance. China’s domestic policy and foreign adventurism are so conditioned by its energy woes, that it does not matter how China obfuscates the specifics by indefinitely postponing the release of basic economic data.
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