Xi's 'Revolution 2.0' puts global democracies to the test

Chinese leader's party-centric ideology overlooks the power of the individual

20221023N Chinese President Xi Jinping

Chinese President Xi Jinping waves after speaking at the Great Hall of the People in Beijing on Oct. 23. © Reuters

YURI MOMOI, Nikkei China bureau chief

BEIJING -- Chinese President Xi Jinping has secured a precedent-breaking third term as leader of the nation's ruling Communist Party, bringing himself and the rest of the world to a crucial inflection point.

In name and reality, this historic moment puts an end to the party's collective leadership. The fate of cross-strait relations with Taiwan and the direction of the world's second-largest economy now both rest in the hands of one man.

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