Financial Times
Jan 17, 2023 - 19 min
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Could the leader be facing slowing innovation along with rising social discontent? A relentless centralisation of power allows the Chinese leader to take decisive action. But as Xi Jinping prepares to be reappointed to an unprecedented third term as China's leader, this power adoption brings enormous risks and makes it harder to reverse mistakes. Tom Mitchell, Sun Yu and Eleanor Olcott investigate.