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Inside, confidential and off the record


Politics: China, Japan


Japan's Prime Minister Shinzo Abe (left)and Chinese President Xi Jinping (right)
both are to cope with posible changes

ON THE POLITICAL FRONT we turn our attention once again to the impending Chinese Communist Party Congress that begins on the 18th at which President Xi shall absolutely gain more control over the party and over the government. Having taken the role of the Chairman of the Central Military Committee several years ago... and let's remember that the Chairmanship of the CMC was the only real position of power that Deng Xiaoping held in the last few years of his position as the ultimate authority in China for the Chairman of the CMC is the final and ultimate "Commander in Chief" of the People's Liberation Army... Xi has used his power to dismiss General Fang Fenghiu and General Zhang Yang not only from their positions on the CMC but from the Communist Party's hierarchy. He replaced Generals Fang and Zhang with newly named General Li Zhoucey and long standing
Admiral Miao Hua on the CMC. General Li and Admiral Miao are long standing Xi loyalists. Is anyone surprised?

Further, President Xi is expected to materially reorganize the Central Military Committee, taking the number of members down from the current 11 to perhaps as few as 5, of which he, General Zhang and Admiral Miao will comprise a majority! The closer the Party Congress draws, the more interesting it becomes.

Regarding the impending Japanese election, according to the latest poll of the Japan News newspaper, 34% of voters presently prefer the Liberal Democratic Party of Mr. Abe while 19% of voters prefer the Party of Hope.

According to the October 1st Reuters poll, 24% of those intending to vote in the election prefer the Liberal Democratic Party while 15% of voters prefer the Party
of Hope. The same poll by Reuters indicates that 46% of Japan’s voters prefer Prime Minister Shinzō Abe as the next Japanese Prime Minister while 33% of voters prefer Ms. Yuriko Koike even though Ms. Koike has chosen not to run for a seat in the Diet and thus cannot become the next Prime Minister.

Interestingly, the current opposition party, the Democratic Party, is not even being considered it’s support is so low. The only question is how large shall be the LDP majority in the Diet; there is no concern at all that it shall not be triumphant.

Dennis Gartman / The Gartman Letter / Friday, October 06, 2017

Link to the original article

ISSUES.... 10/ 09/ 2017 - Send Us Your Issues

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