Nelson de Sá: Xi and Li’s ‘miracles’ are already projected for companies and technology

On the cover of Renmin Ribao, the People’s Daily (below), of the Chinese CP, the headline went to the end of the congress. Below, the record that Xi Jinping presided and “delivered an important speech”, highlighting:

“We are fully confident and capable of creating new and greater miracles that will amaze the world.”

It was the phrase separated by Semafor, the new American site for global coverage, which has been giving media attention at the beginning of its operation.

In the texts “How the Chinese-language media covered the [anúncio do] Xi’s third term” and “As TV in China is covering the congress”, the website calls “China” what is better known as Greater China.

In addition to mainland Renmin Ribao and CCTV, he follows Chinese-language newspapers and broadcasters from Hong Kong (Ta Kung Pao, Ming Pao and TVB), Taiwan (Lianhe Bao, Zìyou Shibao and TTV) and Singapore (Lianhe Zaobao and CNA).

Ta Kung Pao stressed the same line as Xi, about “creating new miracles”, while Lianhe Bao headlined “victory for Xi’s army”.

But it was two English-language newspapers that won the weeks-long speculative dispute to advance the CP’s seven-member Standing Committee, which concentrates power.

Hong Kong’s South China Morning Post said earlier this week that the changes would be profound, with the likes of Li Qiang. The Wall Street Journal also got Li Qiang and others right, even more accurately, in a piece by Taiwan-based correspondent Josh Chin.

With the bets won, SCMP and WSJ released analyzes on Sunday on what the changes could bring to the economy.

The first headlined that the committee’s “new faces” aim to “confront the ‘unparalleled complexity’ of the new mandate”, citing a phrase used in a speech by Xi. “The choices point to a preference for experience in science and technology”, says the newspaper.

The second profiled Li, the likely prime minister, stressing that “businessmen who have dealt with him over the years are optimistic about the effect he can have on the economy.” He was “business friend” in the regions he headed, helping to build conditions for Alibaba in Hangzhou and Tesla in Shanghai.

Even the trouble he faced in Shanghai with Covid-19 is credited with having “tried to take a lighter approach to the pandemic”.

LOST WAR?

American pressure on Taiwanese TSMC not to manufacture high-tech chips for the Chinese market would have led to the suspension of its production of new semiconductors from China’s Biren, “for now”, Bloomberg reported.

But the same Bloomberg, which covers step-by-step Washington’s attacks on Beijing, risks that the “US chip war with China may already be lost” (above), citing spending on research and development and the volume of studies. on artificial intelligence published.