onsdag 27. november 2024

2024 REPORT TO CONGRESS of the U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION

In 2024, under the leadership of General Secretary Xi Jinping, the Chinese Communist Party (CCP) continued to pursue a technology-focused strategy to drive rapid military modernization, expand internal political surveillance and suppression of dissent, and assert China’s political and economic agenda in the international arena. At the same time, amid a domestic property market collapse, weak consumer demand, and rising debt and employment challenges, the Party leadership has aggressively continued to advance its economic, political, and security goals through non-market practices.

Xi clearly has calculated that these approaches are not only paramount in defining his leadership and claiming China’s global role, but are also essential to addressing its endemic economic weaknesses and further tightening the Party’s grip on the economy and society. The centralized top-down approach is reminiscent of Mao-era authoritarianism. With few remaining avenues for dissent and a political system that demands absolute loyalty to the individual leader, it has become unlikely that anyone could dissuade Xi should he decide to take actions that risk igniting a catastrophic conflict.