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Comment by varjag | Hacker News Reader

Who of the previous leaders of China have been unstable?

I doubt they meant to imply previous leaders were unstable. Stability is good for investment, and the current government is stable. A new leader could be any of the kinds of leader that make investors look elsewhere.

Of course they didn't mean to, but their argument bears this implication. Hard to argue for improvement when the status quo was just as good.

I think this subthread is arguing about which is larger:

- The risk that a stable leader with increasingly unlimited power will lead to stagnation, deep corruption, or war.

- The risk that a disruptive leader emerges after Xi and is not countered in time by government mechanisms (e.g. internal elections within the party).

Historic consensus seems to be that the former is the bigger danger, which is why even the CCP previously put a limit on presidential terms.

Yes this was the point I was trying to make. It is the status quo. That can only be good for business.

The status quo was a stable political system that is now changed for a dictatorship.

Your account is 4 days old and only comments are pro-China party comments. Hum.

Sample size = 2.

How can you have stability when you're at the whims of a dictator. Having a dictator is quite different from a single-party rule that changes its leaders.

It's more about an institution vs a single man.

Jiang Zemin?

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