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The Communist Party issued a detailed ideological statement Friday in Qiushi, the party s main official theoretical journal, that made clear that it expected banks, pension funds, insurers and other financial organizations in China to follow Marxist principles and pay obedience to Xi.
The Communist Party’s main theoretical journal has laid out a new ideological framework for the financial system that emphasizes the primacy of China’s top leader and Marxist principles.
Nobody should expect diplomacy between the U.S. and China to return to the performative, if misleading, good cheer of a generation ago, Evan Osnos writes.