AIRLINK 74.20 Decreased By ▼ -0.40 (-0.54%)
BOP 5.09 Decreased By ▼ -0.05 (-0.97%)
CNERGY 4.43 Decreased By ▼ -0.07 (-1.56%)
DFML 34.20 Increased By ▲ 1.20 (3.64%)
DGKC 88.85 Decreased By ▼ -0.05 (-0.06%)
FCCL 22.29 Decreased By ▼ -0.26 (-1.15%)
FFBL 32.40 Decreased By ▼ -0.30 (-0.92%)
FFL 9.76 Decreased By ▼ -0.08 (-0.81%)
GGL 10.84 Decreased By ▼ -0.04 (-0.37%)
HBL 116.00 Increased By ▲ 0.69 (0.6%)
HUBC 136.50 Decreased By ▼ -0.13 (-0.1%)
HUMNL 9.90 Decreased By ▼ -0.07 (-0.7%)
KEL 4.62 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.73 Increased By ▲ 0.03 (0.64%)
MLCF 39.85 Increased By ▲ 0.15 (0.38%)
OGDC 138.47 Decreased By ▼ -0.49 (-0.35%)
PAEL 25.85 Decreased By ▼ -1.04 (-3.87%)
PIAA 26.42 Increased By ▲ 1.27 (5.05%)
PIBTL 6.68 Decreased By ▼ -0.16 (-2.34%)
PPL 123.00 Increased By ▲ 0.26 (0.21%)
PRL 26.73 Decreased By ▼ -0.28 (-1.04%)
PTC 13.95 Decreased By ▼ -0.05 (-0.36%)
SEARL 58.99 Decreased By ▼ -0.48 (-0.81%)
SNGP 70.35 Decreased By ▼ -0.80 (-1.12%)
SSGC 10.37 Decreased By ▼ -0.07 (-0.67%)
TELE 8.56 Decreased By ▼ -0.09 (-1.04%)
TPLP 11.34 Decreased By ▼ -0.17 (-1.48%)
TRG 64.20 Decreased By ▼ -0.93 (-1.43%)
UNITY 26.11 Increased By ▲ 0.31 (1.2%)
WTL 1.39 Decreased By ▼ -0.02 (-1.42%)
BR100 7,825 Increased By 6.4 (0.08%)
BR30 25,493 Decreased By -84 (-0.33%)
KSE100 74,802 Increased By 138.1 (0.18%)
KSE30 24,131 Increased By 59.8 (0.25%)

BEIJING: Chinese President Xi Jinping on Sunday promoted his closest allies into the Communist Party’s top ruling body, further consolidating his grip on power as he secures a third term as party leader.

Xi stacked the seven-member Politburo Standing Committee – the party’s apex of power – with four allies, including two of his former secretaries, in a move that flaunts his power and rewards loyalty above all, analysts said.

Current Shanghai Party boss Li Qiang – who oversaw a harsh two-month Covid-19 lockdown in the metropolis earlier this year – is likely to take over as premier from Li Keqiang, who will retire next year.

Close aide Ding Xuexiang, Guangdong Party chief Li Xi and Beijing Party boss Cai Qi were also in the new lineup, according to state media broadcasting from Beijing’s Great Hall of the People.

“It is all Xi’s people, signalling he wants to rule even beyond a third term,” said Alfed Wu Muluan, a Chinese politics expert at the National University of Singapore.

Saudi Arabia, China agree to strengthen energy cooperation

The leadership reshuffle comes shortly after the party concluded its twice-a-decade Congress, a major political event in which a new Central Committee of around 200 senior Party officials is installed, then elects higher layers of the top leadership.

Current Premier Li Keqiang is destined for retirement after the annual legislative sessions next March, as his name was not on the list of new Central Committee members.

Comments

Comments are closed.