China’s state news agency, Xinhua, reported the latest comments delivered by the Chinese President Xi Jinping at an ‘an unusual meeting of China’s top leaders’ on Monday in Beijing.
Key Quotes (courtesy Bloomberg):
Communist Party needed greater efforts “to prevent and resolve major risks”.
“The party is facing long-term and complex tests in terms of maintaining long-term rule, reform and opening-up, a market-driven economy, and within the external environment.”
“The party is facing sharp and serious dangers of slackness in spirit, lack of ability, distance from the people, and being passive and corrupt. This is an overall judgment based on the actual situation.”