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Xi consolidated his position during his first term, by reversing much of Deng Xiaoping's legacy, including the opening of China's economy, the separation of the CCP from government and a low-key approach to foreign and security policy.In China, however, they have drawn praise from observers who believe that Xi is leading the way to the fulfillment of the "Chinese dream" to rejuvenate the country.Xi's administration is at least doing something to stamp out the endemic corruption in the CCP.We should all hope that at least some of what China's cheerleaders say is true; if Chinese growth collapses, the entire global economy will suffer. Xi clearly falls into the statist camp.But it is not just the party that Xi is empowering; he is also empowering himself. Xi may be much smarter than Trump (not a high hurdle to clear), but that is not enough to guarantee a stable and prosperous future for China.
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