The Conference Board's Blanchette on China Leadership

The transcript discusses the recent Party Congress, highlighting Xi Jinping's vision for modernized growth and the reality of continued reliance on traditional state-driven tools. It emphasizes the increased role of the party in governance and the potential implications for foreign investors. Concerns are raised about the concentration of power and its impact on economic policy, contrasting with China's past success driven by local empowerment and experimental policies.

What was the vision outlined by Xi Jinping during the party Congress?

• A focus on traditional state-driven growth

• An emphasis on reducing foreign investments

• A strategy to increase military spending

• A modernized, green, inclusive, and balanced growth

What is a major concern for foreign investors according to the second section?

• The increase in military expenditure

• The rise of local governance

• The party's governance over everything

• The reduction in state-owned enterprises

How has China's economic policy evolved over the past decades?

• From a closed economy to a military economy

• From a focus on agriculture to technology

• From decentralization to centralization

• From centralization to decentralization

What is the potential impact of power concentration within the party on economic policy?

• It will likely lead to more market-driven policies

• It will decrease national security concerns

• It may hinder the role of markets in the economy

• It will increase foreign investments

What has been a key driver of China's success story over the past three decades?

• Empowerment of localities and experimental policies

• Centralization of power

• Increased military spending

• Reduction in foreign trade