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The CCP has been concerned about capital flight, and been trying to prevent it, for a long time. It's true this has ramped up significantly under Xi, but that r
by simonh 4y ago
The CCP has been concerned about capital flight, and been trying to prevent it, for a long time. It's true this has ramped up significantly under Xi, but that ramp up started at least 5 years ago as part of a general clamp down on private economic activities and personal travel. Basically Xi want more control over every aspect of Chinese domestic and international activity, on every axis.
Yes he's more assertive militarily as well, but I think that's just part of a 360 degree ramp up in assertiveness generally rather than with just one specific strategic goal in mind. In that sense even a takeover of Taiwan would be a means to an end, total party hegemony under Xi, rather than a goal in itself.