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Xi warns of 'rough seas' as China celebrates 75 years of communist rule

Xi warns of 'rough seas' as China celebrates 75 years of communist rule
Xi warns of 'rough seas' as China celebrates 75 years of communist rule

 


Commemorations were also held in the former British colony of Hong Kong and the former Portuguese territory of Macau, both of which returned to Chinese sovereignty in the late 1990s.

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Beijing marked the 75th anniversary of the Communist Party with low-key festivities as economic challenges and security threats persist over the country and its leader, Xi Jinping, warns of rough seas ahead.

A flag-raising ceremony in Tiananmen Square on Tuesday saw a guard of honor parade from the entrance to the vast palace that in centuries past was the residence of Chinese emperors.

The road ahead will not be easy; There will definitely be difficulties and obstacles, and we may encounter major trials such as strong winds and rough seas, or even stormy waves, Xi said at a banquet on Monday on the eve of the birthday.

We must be vigilant in peacetime, plan in advance and rely closely on the entire party, the entire army and the people of all ethnic groups across the country, Xi added. Xi, stressing that no difficulty can stop the Chinese people from moving forward.

Commemorations were also held in the former British colony of Hong Kong and the former Portuguese territory of Macau, both of which returned to Chinese sovereignty in the late 1990s after what Beijing calls the Century of Humiliation.

The national crisis persists

In recent decades, China has only held military parades and displays of the country's economic might at the turn of the decades, such as for 60th and 70th anniversaries.

No major festivities have been announced for the occasion on Tuesday, with the exception of the flag-raising ceremony at Tiananmen.

Meanwhile, state media published reports on China's economic progress and social stability, without any mention of the challenges.

Facing persistent economic pressures since the COVID-19 pandemic and lingering security threats, the world's second-largest economy is experiencing a national recession, experts say.

The falling birth rate has hurt a largely export-driven economy through disrupted supply chains, and a prolonged housing slump has rippled through other parts of the economy, from construction to sale of household appliances.

Last week, the government announced several measures to revive the economyincluding lower interest rates and lower down payment requirements for mortgages.

Beijing also faces growing friction with its neighbors, including Japan, South Korea and the Philippines, over their territorial claims and close relations with China's main rival, the United States.

The Communist Party has been in power in Beijing since October 1, 1949, when Chairman Mao Zedong declared the establishment of the People's Republic of China.

Sources

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2/ https://www.euronews.com/2024/10/01/xi-warns-of-rough-seas-as-china-celebrates-75-years-of-communist-rule

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