If Xi Jinping had a theme song in China right now, for Eurasia Group analyst Anna Ashton it would be Canadian rapper Drake's "0 to 100." That's pretty much how fast he reversed course on zero-COVID.
And that explains why "Maximum Xi" — one man with total control over China — is Eurasia Group's No. 2 geopolitical risk for 2023.
The risk basically boils down to "maximum impunity and maximum potential mistakes," Ashton noted in a GZERO Live conversation about Eurasia Group's Top Risks 2023 report. In other words, China's leader is so powerful he won't be blamed for anything, even if he messes up badly.
Xi, she adds, is in a very strong position and Western media narratives that he was in trouble following protests over zero-COVID were overblown.
The US and China are moving into creating separate economic worlds for each other. And that won't be easy because the two economies are more closely linked than most people understand.
Read Eurasia Group's Top Risks 2023 report here.
Watch the full live conversation: Top Risks 2023: A rogue Russia and autocrats threatening the world
- The Graphic Truth: China's old vs. new zero-COVID ›
- Ian Bremmer: Zero COVID no longer works, and China will pay a price ›
- What We’re Watching: China's zero-COVID shift, Russia's fertilizer deal, Ramaphosa's corruption probe, EU's oil wrangling ›
- What We're Watching: China losing on zero-COVID, "winning" in Taiwan ›
More For You
In this episode of Tools and Weapons, Microsoft Vice Chair and President Brad Smith sits down with Ed Policy, President and CEO of the Green Bay Packers, to discuss how purpose-driven leadership and innovation are shaping the future of one of the world’s most iconic sports franchises. Ed shares how technology and community-focused initiatives, from Titletown Tech to health and safety innovations on the field, are transforming not just the game of football, but the economy and culture of Green Bay itself. He explains how combining strategic vision with investment in local startups is keeping talent in the Midwest and creating opportunities that extend far beyond Lambeau Field.
Subscribe and find new episodes monthly, wherever you listen to podcasts.
Most Popular
Egyptians are voting this month in parliamentary elections that aren’t expected to change who’s in charge, but could allow President Abdel Fattah el-Sisi to rule beyond 2030.
Thailand and Cambodia’s ceasefire is on the verge of collapse. Strikes were launched across their disputed border today, following clashes over the weekend that resulted in the death of a Thai soldier.