The intensifying trade war between China and the US is causing a massive rift within China’s Communist Party (CPP).
Though Xi has been clamping down on dissent, veteran party members have expressed discontent about China’s image and Xi’s handling of the trade dispute.
Several sources close to the government told Reuters that China’s strong nationalist branding has only provoked the US and hurt China’s economy.
Other sources told Japanese daily Sankei Shimbun that several party elders, including Hu Jintao, wrote a letter urging a review of CCP’s economic and diplomatic policy in a rare display of reproval.
The intensifying trade war between China and the US has caused a massive rift externally, but sources say tension is also rising internally among elite members of China’s Communist Party.
Over the last decade, Xi Jinping has worked diligently to consolidate power and cement his rule over China, claiming control over the country’ military and government and cracking down on all forms of political dissent.
In the process, Chinese propaganda has pushed hard on the portrayal of China as a strong, nationalistic country, with Xi Jinping at its core.
Several sources close to the government told Reuters that this aggressive branding has backfired, further provoking the US as it ramps up tariffs in one of the largest trade wars in economic history.
An anonymous government policy advisor told Reuters that there was a growing concern among leadership that China’s economic outlook has “become grim” as its relationship with the US continues to deteriorate over trade.
“The evolution from a trade conflict to trade war has made people rethink things,” the policy advisor said.
“This is seen as being related to the exaggeration of China’s strength by some Chinese institutions and scholars that have influenced the US perceptions and even …read more
Source:: Business Insider