With 10 months until China’s 20th Party Congress, at which Xi Jinping will likely assume a once-unthinkable third term as general secretary, the Chinese Communist Party (CCP) is grappling with an economic downturn, a burgeoning housing crisis, and rising unemployment. These unforeseen developments raise serious questions about Xi’s stewardship over the country and will likely constrain his geopolitical ambitions in 2022.
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