20241022 Xi Jinping during the National Day reception

It was significant that President Xi Jinping sat at the same table as Wen Jiabao, who was premier during China's "reform and opening-up" era, at an important reception in Beijing on Sept. 30. © Reuters

Analysis: Xi Jinping's personality cult shows signs of weakening

A year after party elders laid down some economic truths, Beijing began to pivot

Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

While continuing to brandish a big stick against Taiwan, Chinese President Xi Jinping's administration has recently signaled some flexibility on another policy front, the economy.

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