fredag 25. januar 2019

Communist Party ideology chief Wang Huning raises risk alarm as China battles trade war with the United States

The Communist Party wrapped up a four-day study session on risk controls on Thursday, an event analysts said underlined the leadership’s deep concern about growing external volatility and uncertainty amid its high-stakes trade war with the United States. At the session’s closing ceremony, which was attended by hundreds of top officials from across the country, Wang Huning, the party’s ideology guru and its fifth most powerful member, called on the cadres to fight “a tough battle” in controlling risks, according to state news agency Xinhua.

Wang identified a long list of risks faced by Beijing, urging the cadres to safeguard Chinese President Xi Jinping’s leadership and toe the party line. Wang also told the officials that they must follow up by showing what they had learned through “actions and results”.