I’ll give my wrap on the conclusion of the 20th Party Congress in Beijing later in the week after some further digestion and rumination.
Meanwhile, here’s a graphic putting today’s market reaction to Xi’s consolidation of power into some context. Entirely different timelines and denouements but same implacable forces at work …
______Assessing China / The TEA Collaborative______ 
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October 25, 2022 at 10:35 am
Terry Cooke
From page 1 of today’s Wall Street Journal: Shares in Chinese Companies Crash After Xi Jinping Stacks Party With Allies https://www.wsj.com/articles/u-s-listed-china-stocks-crash-after-xi-jinping-stacks-party-with-loyalists-11666647047?mod=Searchresults_pos1&page=1