China’s Political Storms, From Alibaba to Evergrande

China’s Political Storms, From Alibaba to Evergrande
Communist Party leader Xi Jinping (L) talks to his predecessor Jiang Zemin as they watch a military parade at Tiananmen Square in Beijing on Sept. 3, 2015. STR/AFP/Getty Images
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Analysis

Xi Jinping may be fighting hard to pave his way to the upcoming 20th Party congress meeting in 2022. He may be directing his actions at the Jiang Zemin faction that Xi has implied are careerists in the Party.