Motley Fool
The Inexorable Descent of China
Following the Chinese Communist Party’s 20th Party Congress, Xi Jinping — breaking from decades of precedent — will remain as the head of the CCP for a third five-year term. In fact, there has not been any one person to have as much power in modern China since Mao Zedong. This is a pretty stunning consolidation of power, and longtime China watchers like Professor Victor Shih of University of California, San Diego note that Xi not only stacked the centers of power within the party with allies, he also insured that anyone who may have seemed a likely successor was sidelined.
Source: Yahoo Sports
