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☆ 2024 Taiwanese presidential election: There will likely be four candidates, academic says
▼ + stars: | 2023-11-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2024 Taiwanese presidential election: There will likely be four candidates, academic saysJa Ian Chong, a non-resident fellow at Carnegie China, says it's unlikely that independent candidate Terry Gou will drop out of the race at this point.

Persons: Ja Ian Chong, Terry Gou Organizations: Carnegie China

Newly installed Foreign Minister Qin Gang vanished with scant explanation in July, the same month as an abrupt shake-up of the military's elite Rocket Force, which oversees China's nuclear arsenal. China's Foreign Ministry did not immediately respond to a request for comment on Saturday. PROXIMITY ISN'T PATRONAGERegarding Defence Minister Li's disappearance and investigation, a ministry spokeswoman told reporters on Friday she was not aware of the situation. With corruption long permeating China's military and state institutions, some analysts and diplomats believe Xi's anti-graft crackdowns mark political purges across the Communist Party. If Li's fate "reflects Xi's increasingly inward focus, it is not good for those of us who want greater openness and lines of communications with China's military," said one Asian diplomat.

Persons: Xi Jinping, GIANLUIGI, Xi Jinping's, Li Shangfu, Qin Gang, Drew Thompson, Thompson, Li's, Li, Helena Legarda, Alexander Neill, Zhang Youxia, Lloyd Austin, Austin, Ja Ian Chong, Chong, Greg Torode, Martin Quin Pollard, William Mallard Organizations: Rights, Reuters, Foreign, Rocket Force, Pentagon, National University of Singapore, State Council and Defence Ministry, People's Liberation Army, PLA, Communist Party, Mercator Institute for China Studies, Hawaii's, Military Commission, Washington, U.S . Defence, Pacific ., East, South China Seas, Thomson Locations: Sandton, Johannesburg, South Africa, Rights BEIJING, India, China, Russia, Belarus, Beijing, Jakarta, Berlin, Singapore, Washington, Asia, Pacific, Taiwan, South, East China, South China, Hong Kong

It was a rare, candid glimpse of the Chinese leader and a reminder of Beijing's testy relations with the West. Besides Biden, Trudeau and Australia's Anthony Albanese, Xi also met the leaders of South Korea, Italy, Argentina, Holland and France for bilateral talks in Bali. Xi was ferried around Bali in his own Hongqi (Red Flag) limousine - Mao Zedong used an earlier model - China's version of the U.S. presidential "Beast" limo. Returning to in-person diplomacy also gives Xi a platform to push Chinese initiatives that further cement its stature as leader of the emerging world. "I think in the coming years you'll see China indeed making a serious effort to implement its major power diplomacy," he said.

Three of the four new Standing Committee members owe their political rise to Xi, and the fourth is believed to be closely aligned with him. All but Guangdong party chief Li Xi worked under Xi in the 2000s, either in affluent Zhejiang province or in Shanghai. By excluding Li Keqiang and Wang Yang, both 67, from the party Central Committee and Standing Committee, Xi broke with the "seven-up/eight-down" rule that those aged 67 or under would remain for another five years. No woman has ever made it onto the Standing Committee. NOT TROUBLE-FREEThe run-up to the party congress was hardly smooth, with China facing sharp economic slowdown, frustration over zero-COVID and worsening relations with the West.

But the theme of the event is continuity — of President Xi Jinping as leader, and with that the likelihood of friction with the U.S.-led West. Xi, China’s most powerful leader in decades, is poised to secure an unprecedented third term at this week’s twice-a-decade National Congress of the Chinese Communist Party in Beijing. “Those achievements have certainly strengthened the president’s leadership.”Under Xi, China’s gross domestic product has more than doubled to $17.7 trillion. Born in Beijing in 1953, Xi enjoyed a privileged youth as the second son of Xi Zhongxun, a Chinese communist revolutionary. “The long-term goals of President Xi, as well as general attitudes in the West, will make it very difficult for us to have more cooperation during his third term,” she said.

"Given the economic and social strain caused by sticking to an increasingly unpopular COVID zero policy, Xi's speech might sound defensive to many Chinese citizens, insisting that the Party has their best interests in mind. ALFRED WU, ASSOCIATE PROFESSOR, LEE KUAN YEW SCHOOL OF PUBLIC POLICY, NATIONAL UNIVERSITY OF SINGAPORE"It is obvious that security is Xi's greatest concern. ZHIWU CHEN, PROFESSOR OF FINANCE, UNIVERSITY OF HONG KONG"One significant change is to de-emphasise economic development and economic reform. BATES GILL, PROFESSOR, DEPARTMENT OF SECURITY STUDIES AND CRIMINOLOGY, MACQUARIE UNIVERSITY, SYDNEY"This speech said 'continuity' and full speed ahead. "But this was not intended as a policy speech.

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