LIVE: China Marks 100 Years of the Communist Party | Top News
Published Date: 7/1/2021
Source: Bloomberg Quicktake: Now
(July 1) President Xi Jinping struck a defiant tone in a speech marking the Communist Party’s 100-year anniversary, calling China’s quest to gain control of Taiwan a “historic mission” and warning the country’s adversaries to avoid standing in the way of his government. In a nationwide address from above the portrait of Mao Zedong in Tiananmen Square, Xi hailed the party’s successes, saying China wanted to promote peace in the world and was open to “constructive criticism.” Yet he quickly warned that the country would no longer listen to “sanctimonious preaching” and that “the time when the Chinese nation could be bullied and abused by others was gone forever.” Xi, 68, called the move to unify China and Taiwan an “unshakable commitment” and vowed “resolute action to utterly defeat any attempt toward ‘Taiwan independence.’” Although the language is similar to what Xi has said before, the comments recommit him to an assertive path as calls grow in the U.S., Japan and elsewhere to boost support the democratic government in Taipei. “The Chinese people will never allow any foreign forces to bully, coerce and enslave us,” Xi, wearing a gray Mao-style suit, said to rousing applause before a crowd of some 70,000 party faithful, soldiers and foreign observers. “Whoever attempts to do that, will surely break their heads on the steel Great Wall built with the blood and flesh of 1.4 billion of Chinese people.” While Xi’s remarks appeared aimed at building nationalist support as the party enters a period of slower growth, the tone is likely to further alarm other countries that have clashed with China. Negative views of China remain near record highs across the developed world, according to a Pew Research Center survey released hours earlier. In 14 of the 17 advanced economies polled, at least 70% said they had no confidence in Xi’s ability to do the right thing in world affairs. “The number of applause lines here that were provoked by calls to nationalism, strength, sovereignty, was really, really quite striking,” Jude Blanchette, Freeman Chair in China Studies at the Center for Strategic and International Studies, told Bloomberg Television. “It’s the next 10 years that the party needs to be worried about in terms of resiliency. We’ve never had since the death of Mao the Communist Party run by essentially an autocrat unconstrained by elite politics.” Most of Xi’s speech focused on the accomplishments of the Communist Party in the past 100 years, including paying respect to former leaders Mao and Deng Xiaoping. He declared that China had built a “moderately prosperous society,” marking the completion of a long-held party goal after the economy ballooned to become the world’s second-largest behind the U.S. Xi continued his efforts to cast himself as the “people’s leader” before a party congress next year in which the “princeling” son of a former vice premier was expected to seek a third five-year term. Xi mentioned the “people” 86 times in the 65-minute speech, and he said the party served no privileged groups or special interests. The comments come after his government has maneuvered to rein in large tech companies like Alibaba Group Holding Ltd. “As we fought to consolidate our leadership over the country, we have in fact been fighting to earn the people’s support,” Xi said. Xi portrayed his party of more than 95 million people as indispensable to restoring the Asian nation to a position of global strength after a “century of humiliation” due to imperial invasions and internal strife. “Through tenacious struggle, the party and the Chinese people showed the world that the Chinese people have stood up, and that the time when the Chinese nation could be bullied and abused by others was gone forever,” he said. The Mainland Affairs Office in Taipei hit back with a statement blaming China for damaging security in the Taiwan Strait and urging Beijing to respect the views of the Taiwanese people. “The only way to create positive interactions and the sustainable development of cross-strait relations is to abandon attempts to impose a political framework on Taiwan and intimidate Taiwan militarily, and respect our important initiatives of ‘peace, equality, democracy and dialogue.’” --- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake