Two good news for china at the same time..!?
Xi jinping, who is the president of china as expected by everyone, has declared himself as the president of the country for the 3rd time. There are 7 members of the high-level committee of the Chinese Communist party, this 7-member group is called the Politburo Standing Committee. The leader of this group will have the power to appoint the president of China. Xi jinping is the leader of this group.
Xi jinping, who wields a large amount of control over the regime, has re-declared himself, president, for a five-year term. With this, he has become the President of china for the 3rd time in a row and has risen to become the most powerful leader after Mao Zedong, the founder of the Chinese Communist Party.
Xi jinping appointed Li Qiang, Zhao Lezhi, Wang Huning, Cai Gui, Ding Xuxiang, and Li Shi to the Politburo immediately after taking office. Only Zhao Lezhi and Wang Huning are old and all others are new (Xi jinping supporters). Following this, china, which was the most affected by the coronavirus, has achieved growth that no one expected in the september quarter. China's GDP growth rose to 3.9 percent in the July-September quarter. Notably, china grew by just 0.4 percent in the june quarter.
While China's GDP data was scheduled to be announced on october 18, the release of GDP data was delayed due to the 5-year meeting of the Communist party of China. Although China's economy is on the growth track, the restrictions and lockdown announced for the corona infection have caused a great impact in the past month. Meanwhile, china is facing various trade crises due to the Russia-Ukraine war.