The leaders of the tech firms that have become too powerful for the comfort of Xi and Our Party are put under pressure, as the monopoly of power across the board by The Party can not be allowed to be challenged, hence, they individually take actions to reassure The Party and Xi that they will not do so, by handing over the corporate leadership to protégés.

Steve Tsang

More Quotes by Steve Tsang
More Quotes From Steve Tsang
Xi is not a leader who tolerates failures of officials. by Steve Tsang

Xi is not a leader who tolerates failures of officials.

Steve Tsang
top-news

They would have indicated to Carrie...that this just has to end. She didn't understand what she was doing, i think Carrie Lam's days are numbered...Beijing cannot afford to sack her right away, because that would be an indication of weakness.

Steve Tsang
top-news

It gives all those countries an opportunity to see if they can actually get something out of The Chinese, they see that Xi Jinping probably feels a bit more vulnerable than Xi Jinping was a year ago.

Steve Tsang
world

China can not afford to be seen as failing Pakistan, but at the same time I don't think the Chinese really want to pick a fight with the Indians over this.

Steve Tsang
top-news

They have to do something to show that they are helping to keep things under control, while not appearing unreliable as Pakistan's ally.

Steve Tsang
top-news
They don't want to be too hard on India, because they're acting i... by Steve Tsang

They don't want to be too hard on India, because they're acting in response to terrorism.

Steve Tsang
top-news
We have not heard of any real personal grudge that Xi Jinping wou... by Steve Tsang

We have not heard of any real personal grudge that Xi Jinping would have against Ling Jihua.

Steve Tsang
world
I do think this is very much an initiative that Xi Jinping approv... by Steve Tsang

I do think this is very much an initiative that Xi Jinping approved, if not started.

Steve Tsang
world

No country should presume that we will engage in trading our core interests or that we will swallow the 'bitter fruit' of harming our sovereignty, security or development interests.

Steve Tsang
world
Hence the current warning against Western values. by Steve Tsang

Hence the current warning against Western values.

Steve Tsang
world

He will also reinforce the importance of the party leading everything in China, and the party following its leader fully.

Steve Tsang

He will take China to an even more Sino-centric approach to policy, particularly foreign policy, he will also reinforce the importance of the party leading everything in China, and the party following its leader fully.

Steve Tsang

China now demands the rest of the world pay it due respect and recognize the positions China takes, without paying much regard to what the others may think.

Steve Tsang

( The Chinese and Russia) share two primary strategic interests, one is to take the American global leadership down a notch or two. The second is to make the world safe for authoritarianism.

Steve Tsang

There is an element of personal chemistry in terms of both are strongmen leaders, and each appreciates the other for what they have managed to do.

Steve Tsang

If they appear to back the WTA, the Chinese Communist Party and China will punish them in the Chinese market. If they don't, women in democracies may boycott their products.

Steve Tsang

The increase in regulation can bring some benefits to the Chinese corporate world as some sectors are very unregulated, but the increase in control also signals to the private entrepreneurs that they must now watch their steps more carefully and bring their businesses in line with Party guidelines or leadership.

Steve Tsang

When the police come and ask for whatever, as long as it is in accordance with the laws of Hong Kong, they have to comply, this can conflict with the expectations people have of their multinationals back in their home country.

Steve Tsang

What would be useful is if countries, not just in Europe, but if all countries that care about human rights and ethical trading insist they will stop working with companies operating in Xinjiang unless they can independently verify the supply chain conditions, but the Trump administration has discredited itself in terms of moral leadership. I mean, who believes Donald Trump when he says he defends human rights ?

Steve Tsang

The pandemic had resulted in him being allowed to play more of the well-established role of the premier in running the economy, something from which he was side-tracked most of the time in the Xi era, he saw how the economic impact of Covid-19 would require a pragmatic and a more emphatic approach, hence allowing, even encouraging, street vending for those laid off as a result of the pandemic.

Steve Tsang