The July Politburo meeting did not sound very worried about the economy despite real GDP growth falling below the target range in Q2.
Notable cases this year include officials who worked in anti-corruption, managed China’s initial Covid outbreak, and oversaw high-level appointments.
Some foreign governments are taking measures to strip control of assets from Chinese companies.
Beijing is cracking down on corruption in the military, among officials with backgrounds in Hunan, and in the financial sector.
The 15th FYP calls for a simultaneous expansion of legacy chip manufacturing capacity and progress in developing more advanced chips.
China stands in a relatively solid position thanks to its large domestic capacity for refined oil, fertilizers, and renewable energy.
Academic societies and industry associations were added as a key focus of the campaign, and the CCDI vowed to crack down on extravagant lifestyles.
This year’s Central Economic Work Conference struck a notably more relaxed tone on growth.
My outlook on China’s economy and stock market next year is more cautious than many people’s.