Ain’t no party like a Communist Party


Briefly: China’s annual ‘two sessions’ kicked off in Beijing over the weekend. It’s a rubber-stamping exercise, but still offers insights into China’s trajectory and President Xi’s priorities.

The National People’s Congress (NPC) is the country’s equivalent of a parliament, but its members are appointed (not elected) and it formalises decisions that’ve already been made.

Meanwhile, the Chinese People’s Political Consultative Conference (CPPCC) is more of an advisory body. It has no real power, but observers watch it for clues of emerging issues in China.

Some of the ‘two sessions’ outcomes are already clear: China has set a 5% GDP growth target for 2023, and Xi Jinping’s unprecedented third term will be ratified. The real tea this year involves key personnel appointments, which will further entrench Xi’s allies in top posts and cement the Communist Party’s control over the private sector. 

Intrigue’s take: Watching the ‘two sessions’ is like watching the Harlem Globetrotters play the Washington Generals: the result is never in doubt, but they sure put on a hell of a show (if you’re a China nerd).

Xi Jinping’s almost total control of Chinese politics will steal the headlines, but it could be a double-edged sword: much harder to blame party officials for mistakes when you’re the one who handpicked them. Still, Xi seems to be enjoying the perks of power… like getting one more cup of tea than everyone else.

Also worth noting:

Latest Author Articles
The top 3 quotes from Jackson Hole

The Super Bowl for economists (aka the Jackson Hole Economic Policy Symposium) just wrapped on Saturday, so let’s get you the top three quotes, starting with… There’s always been tension in the Fed’s dual mandate of chasing maximum employment versus stable prices. But the chair suggested this tension now looks different. Why? He argued President […]

25 August, 2025
The Alaska summit: winners, losers and those in between

So Alaska ended much as we foreshadowed: no deal. But ‘no deal’ doesn’t mean ’empty-handed’. Here’s a quick tally of the ‘wins’ each side is now claiming (agree or not). Putin’s arguable wins fall into three categories: perception, isolation, and negotiation: On the perception front, Kremlin propagandists argue that in a single afternoon, Putin shrugged […]

18 August, 2025
The Trump-Putin summit: the view from Europe

When news broke that Presidents Trump and Putin were ironing out the details on an Alaska summit (likely at Joint Base Elmendorf-Richardson), Europe’s initial response was wtf.  But there’s no feeling of strategic exclusion that jumping on a quick Zoom call can’t fix, so that’s what President Trump did with his counterparts from Ukraine and […]

14 August, 2025
The Alaska Summit: who wins?

Let’s get you a quick primer ahead of this Friday’s surprise Trump-Putin summit in Alaska. Why now? Trump made the announcement on Friday, the same day his peace-or-sanctions deadline on Putin was set to expire. It was a response to a proposal Putin relayed to Trump’s envoy (Witkoff) in Moscow on Wednesday. ✌️Proposal✌️ might be […]

11 August, 2025