That's close to what I believe. The minority of CPC-Left is likely compromised of many of the Old Guard and an increasing number of younger idealistic Communists, so while they do have some degree of influence which has grown since Deng's tenure, they're still subservient to the party at large.
Xi himself and his faction within the center that currently holds the reins are harder to pinpoint. They've made decent strides in preparing China for an actual transition to a socialist economy should they mean it (poverty alleviation, developmentalism, weathering the decline of the Imperial Core, the immense world economic leverage, disenfranchisement of the Bourgeoisie, etc) but whether or not it's sincere in the long run and not simply just a solidification of a new technocratic system won't really be clear for a while. I don't begrudge other comrades for being skeptical but I've been frequently asking myself how a Communist Party should act alternatively in an age of suffocating unipolar hegemony and been having a hard time coming up with something concrete.
Regardless, conditions for international socialism to take root have looked brighter today than since the collapse of the USSR. The US, while still the entrenched world power, can no longer act with the same impunity that it did before China's ascension.
That's close to what I believe. The minority of CPC-Left is likely compromised of many of the Old Guard and an increasing number of younger idealistic Communists, so while they do have some degree of influence which has grown since Deng's tenure, they're still subservient to the party at large.
Xi himself and his faction within the center that currently holds the reins are harder to pinpoint. They've made decent strides in preparing China for an actual transition to a socialist economy should they mean it (poverty alleviation, developmentalism, weathering the decline of the Imperial Core, the immense world economic leverage, disenfranchisement of the Bourgeoisie, etc) but whether or not it's sincere in the long run and not simply just a solidification of a new technocratic system won't really be clear for a while. I don't begrudge other comrades for being skeptical but I've been frequently asking myself how a Communist Party should act alternatively in an age of suffocating unipolar hegemony and been having a hard time coming up with something concrete.
Regardless, conditions for international socialism to take root have looked brighter today than since the collapse of the USSR. The US, while still the entrenched world power, can no longer act with the same impunity that it did before China's ascension.