A New Political Era Begins In China

China has recently centralized power to an extent not seen since it joined the global economy.  What’s driving this centralization?  What is the government trying to achieve?  And what are the likely outcomes?  We’ll provide the answers.

Every five years, the Communist Party of China holds its National Congress. This is where delegates approve amendments to the constitution and select members of the Central Committee, who in turn select members of the country’s most important political i.....