China commemorates the 75th anniversary of Communist Party rule amidst ongoing economic challenges and security threats. While no major celebrations are planned beyond a flag-raising ceremony, the state-controlled media highlights economic progress and social stability, ignoring issues like a declining birth rate and supply chain disruptions that impact the export-driven economy.
Commemorations also took place in Hong Kong and Macao, emphasizing Beijing’s determination to overcome its perceived “Century of Humiliation.” The world’s second-largest economy struggles to recover post-pandemic, with a prolonged property slump affecting various sectors. Recent economic measures aim to stimulate growth through lowered interest rates and mortgage requirements.
Party leader Xi Jinping, who has largely avoided international travel, continues to consolidate his power domestically through purges of officials deemed disloyal or corrupt. Xi acknowledged the challenges ahead, warning of potential difficulties and major tests, but emphasized the Chinese people’s resilience and ability to overcome obstacles.
The anniversary also comes amid heightened tensions with neighboring countries like Japan, South Korea, and the Philippines over territorial disputes and their close ties with the United States.
Beijing maintains its stance on Taiwan’s eventual annexation under Communist rule, while the U.S. provides arms for Taiwan’s defense. Additionally, China’s assertive stance in the South China Sea, coupled with military buildup and missile tests, raises concerns about potential conflict.
Domestically, Xi has solidified his power through term limit abolition and control over key government and party bodies. China’s media, under tight party control, informs its 1.4 billion population. Russian President Vladimir Putin congratulated Xi on the anniversary, highlighting their close ties and commitment to expanded cooperation.