Who's the most powerful person on the planet right now? Xi Jinping, who just got a third term as boss of China's ruling Communist Party and got all his loyalists appointed to the CCP's top decision-making body.

But having so much power comes with big tradeoffs.

Zero-COVID is devastating the Chinese economy. And Xi is feeling the heat from his increasingly muscular foreign policy.

Xi's tightening grip has massive implications for China's future — and the world's, too.

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