China’s Shifting Priorities Under President Xi’s Third Term

In this month’s issue, we discuss the implications of Xi Jinping’s third term as President of China, focusing on the country’s shifting priorities away from a growth-oriented policy to one that is more security-focused and aimed at economic independence.

China’s increased focus on economic independence, coupled with growing efforts by the West to diversify supply chains away from China present a challenge for the global economy but some emerging markets (EM) countries could potentially benefit from these changing dynamics.

z - Cover Image: Investment Policy Statement - October 2022