China: Xi reaparece (depois dos rumores de "golpe de Estado")

Bill Bishop, no Sinocism, dá hoje o "como" e o "quadro" deste reaparecimento do imperador vermelho.

Xi reappears - Xi led the Standing Committee, the rest of the Politburo, and many other top leaders on a visit to the “Forging Ahead in the New Era“ exhibition in Beijing, “an exhibition on the great achievements of the Party and the country over the past decade”. At a speech for the opening of the exhibition Wang Huning said “The fundamental reason why historic achievements and historic shifts have been made in the cause of the Party and the country is the helmsmanship and leadership of General Secretary Xi Jinping and the sound guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era 新时代之所以发生伟大变革，根本在于习近平总书记掌舵领航，在于习近平新时代中国特色社会主义思想科学指引”.

Pre-Party Congress propaganda - More on the “Revitalization Library” and another argument for needing Xi to stay in charge.

More tax and fee relief - This week’s State Council Executive meeting again focuses on fee and tax relief, with deepening concerns about unemployment as the backdrop.

World Bank cuts 2022 GDP projections - The World Bank now forecasts that the PRC’s 2022 GDP growth will grow at 2.8%, barely half the rate of the rest of the Asia-Pacific region. The PRC leadership really set themselves up for disappointment by setting a GDP 5.5% “guidance” at the NPC in March, wish I understand the political logic of setting a target that just about everyone assumed was too high, even before the Shanghai lockdown disaster.

Local governments selling land to themselves? - Caixin on the growing trend of local governments desperate for revenue using their local government financing vehicles to buy land from the local governments, funded by bank loans. That does not sound either sustainable or like deleveraging?

Patriotic films for the October Holiday - One that it is a Top Gun-like story and another that is about bringing trapped PRC nationals home from a conflict zone.

Meta says stopped PRC campaign to influence US election - The campaign sounds small and poorly executed, but is a bad sign. If there are similar efforts on TikTok or Wechat, will we get reports on the activities from Bytedance or Tencent?

Ding Jaixi - A long and disturbing look by Reuters at the crackdown on lawyers through the case of Ding Jiaxi.

https://sinocism.com/p/xi-reappears-more-tax-and-fee-relief