Raymond Richman - Jesse Richman - Howard Richman
Richmans' Trade and Taxes Blog
"Technocrats" may be blocking accession of China's reform-minded president-in-waiting
There appears to be a succession fight going on in China, as indicated by the disappearance from public view of its designated next president Xi Jinping shortly after his reform-minded intentions came to light. According to Malcolm Moore, writing on September 14 in The Telegraph (Xi Jinping 'under huge pressure' from inside the Communist party), the succession struggle is between the "red princelings" represented by Xi and the "technocrats" who currently run China under President Hu:
Xi Jinping and his fellow "red princelings" may have angered the "technocrats" by their advocacy of economic and political reform. On September 7, a Reuters article by Chris Buckley (Exclusive: China president-in-waiting signals quicker reform - sources) began:
According to the Epoch Times (New Chinese Communist Leader May be Closet Reformist), such reformist talk tends to upset those who are currently running the country:
It is possible that the "red princelings" and the "technocrats" will reach an accommodation. In the meantime, the "technocrats" may be blocking Xi Jinping's accession to the presidency.
Comment by Howard Richman, 9/16/2012:
I read some reports today:
1. Xi was supposedly photographed today at some agricultural college ceremony. He hasn't yet met with foreign ambassadors.
2. The big issue is not whether Xi becomes president, it is whether Hu or Xi will continue chair the Communist Party's military committee -- which has been the seat of power in China ever since the People's Liberation Army put down the Cultural Revolution and installed the technocrats in power. As head of the military committee, Teng was China's undisputed leader even though he was not president.
3. The military is currently being led by generals who are "red princelings" who may be behind today's anti-Japan demonstrations.
If all of these reports are true, the "red princelings" are not only reformers, but they also favor a more aggressive military posture.
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