By Henrique Schneider
China is the only major economy to have grown in 2020. Now the party and state leadership are preparing for a Chinese era, adding a new economic arrow to their geopolitical quiver.
Once again, the 2021 National People’s Congress, held from March 5-11, followed a strict choreography. The political leadership entered the Great Hall of the People to the sound of a military band and led by state and party leader, President Xi Jinping. The members of the tight circle leading the world’s second-largest economy were the only ones in the Great Hall not wearing masks – a stark contrast with the approximately 3,000 masked delegates who have no bearing on the decision-making.
There was also a carefully planned surprise. Premier Li Keqiang namedRead More »