Xi Jinping just got a rare third term as the head of China's ruling Communist Party. But having so much power comes with big tradeoffs and implications for China — and the rest of the world.

Zero-COVID is saving Chinese lives, yet killing the Chinese economy. And the West is wary of Xi's increasingly muscular foreign policy.

On GZERO World, Ian Bremmer speaks to Antoine van Agtmael, the investor who coined the term "emerging markets" and knows a thing or two about China. His prediction: that the 21st century will be a Chinese Century, with Washington playing second fiddle to Beijing.

For van Agtmael, that means a world that'll be "less nice" because human rights will take a backseat and the forces of globalization will be weaker. China will lead one power bloc and the US the other.

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A woman shows her ink-marked finger after casting her ballot at a polling station during the Assam Legislative Assembly election in Nagaon District, Assam, India, on April 9, 2026.
Photo by Anuwar Hazarika/NurPhoto

More than 50 million voters in India’s states of Assam and Kerala, along with the federally-administered territory of Puducherry, head to the polls today in regional elections.

The revenue generated by Russia’s main oil tax in April amid the Iran war, per Reuters calculations. The amount is double last month’s revenue, and up by 10% from this time last year.

Natalie Johnson

The Iran war has pushed Brent crude prices to $100 per barrel, up from around $70 before the conflict began.