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China: The context behind the CCP's 20th National Congress

China: The context behind the CCP's 20th National Congress

On Sunday, the 20th National Congress of the Chinese Communist Party kicked off with General Secretary Xi Jinping consolidating his power after a decade leading the world’s most-populous country.

The backdrop for this year’s congress is arguably the most uncertain of Xi’s leadership, even as he remains poised to secure an unprecedented third term in power. Last Thursday, a man strung anti-Xi banners across a bridge in Beijing, a rare public protest in a nation that has become accustomed to swift suppression of dissent. The protest targeted the incumbent president after over 2-and-a-half years of some of the strictest COVID policies in the world which — whilst they saved lives — put the people of China under enormous strain.

Shifting sands

The country’s economy is also starting to slow, just as Xi turns his focus to national security and geopolitics. The closely-watched GDP figures, which were scheduled for release yesterday, were delayed without explanation. The last few quarters that have been released show a sharp slowdown, although China is hardly unique in dealing with economic struggles in 2022.

In a speech made at the congress, the president offered a bleak future insight into China’s already-strained relations with the US, and wariness clearly goes both ways in the nations’ relationship too. Biden’s latest semiconductor restrictions have reportedly hit China hard and a major shift in the US electorate’s view of the country is testament to how sharply relations have deteriorated, with around 80% of Americans now viewing China as an "enemy".

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Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

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