China’s Leader Says Party Must Control ‘All Tasks,’ and Asian Markets Slump

“When everything is a priority, nothing is a priority,” Yuen Yuen Ang, a professor of political science at the University of Michigan, Ann Arbor, who studies China, said by email after watching the speech. “Today, many policy goals in China are in tension with one another. Which ones take precedence? This is what officials will need to know to carry out their work on a practical level.”