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China's Xi warns party of 'serious dangers' as risks mount

Bloomberg
Bloomberg • 3 min read
China's Xi warns party of 'serious dangers' as risks mount
(Jan 21): President Xi Jinping stressed the need to maintain political stability in an unusual meeting of China’s top leaders -- a fresh sign the ruling party is growing concerned about the social implications of the slowing economy.
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(Jan 21): President Xi Jinping stressed the need to maintain political stability in an unusual meeting of China’s top leaders – a fresh sign the ruling party is growing concerned about the social implications of the slowing economy.

Xi told a “seminar” of top provincial leaders and ministers in Beijing on Monday that the Communist Party needed greater efforts “to prevent and resolve major risks,” the official Xinhua News Agency said. He said areas of concern facing the leadership ranged from politics and ideology to the economy, environment and external situation.

“The party is facing long-term and complex tests in terms of maintaining long-term rule, reform and opening-up, a market-driven economy, and within the external environment,” Xi said, according to Xinhua. “The party is facing sharp and serious dangers of a slackness in spirit, lack of ability, distance from the people, and being passive and corrupt. This is an overall judgment based on the actual situation.”

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