Where is Xi headed?

Heading towards socialism after failed experiments with communism and capitalism.

But he will not kill the goose that lays golden eggs - the private sector. "Common prosperity" = redistribution of wealth, but It is not robbing from the rich and giving to the poor ie landowners and capitalists will not be dragged out and executed.

No monopolies, oligarchy or mass privatisation. State-owned enterprises are here to stay.

No challengers but a lot of external and internal challenges, including worsening relations with the US which appears bent on making Taiwan a "normal country", maritime and land border disputes with India, Japan, Vietnam, the Philippines etc.

Internal challenges include Covid, a struggling economy, conglomerates epitomising the excesses of capitalism, a widening wealth gap, chronic corruption, environmental degradation, food security, an ageing population and ideological vacuum. The list is long.