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A decorative plate featuring an image of Chinese President Xi Jinping is seen behind a statue of late communist leader Mao Zedong. Photo: Greg Baker/AFP via Getty Images

The Politburo met twice in the last week.

  • The first meeting excited investors as some interpreted official comments on the meeting as a sign a new round of economic stimulus is coming.
  • The second meeting, was a Politburo Study session Xi Jinping chaired on Marx and Engel's "The Communist Manifesto”.

According to Xinhua, Xi stressed the importance of studying the Communist Manifesto:

The purpose of reviewing the Communist Manifesto is to understand and grasp the power of the truth of Marxism and write a new chapter of socialism with Chinese characteristics in the new era, Xi said. It's necessary to "apply the scientific principles and the spirit of The Communist Manifesto to the overall planning of activities related to the great struggle, great project, great cause, and great dream," he said.

More efforts should be made to develop Marxism in the 21st century and in contemporary China, and write a new chapter of adapting Marxism to the Chinese context, Xi said.

Our thought bubble: The contemporary PRC brand of Marxism and Communism is far removed from the original visions, but the CCP believes it has the right, the power and ability to evolve those ideas to fit the times, an effort led by a cadre of theoretical gymnasts who would put Nadia Comăneci to shame.

The big picture: Doubling down on Marxism is a means to an end for the Party, but that does not also mean that Xi himself is not an ardent Marxist whose fervor is only increasing as he sees a world evolving and fracturing in ways that would stir the loins of any sentient Chinese Marxist historical materialist. Xi proudly sees himself as a Marxist leading Communist China, even as he positions himself as the putative leader of globalization.

Go deeper

Coronavirus cases rose 10% in the week before Thanksgiving

Expand chart
Data: The COVID Tracking Project, state health departments; Map: Andrew Witherspoon, Sara Wise/Axios

The daily rate of new coronavirus infections rose by about 10 percent in the final week before Thanksgiving, continuing a dismal trend that may get even worse in the weeks to come.

Why it matters: Travel and large holiday celebrations are most dangerous in places where the virus is spreading widely — and right now, that includes the entire U.S.

Updated 5 hours ago - Politics & Policy

Supreme Court backs religious groups on New York coronavirus restrictions

Photo: Saul Loeb/AFP via Getty Images

The U.S. Supreme Court ruled late Wednesday that restrictions previously imposed on New York places of worship by Gov. Andrew Cuomo (D) during the coronavirus pandemic violated the First Amendment.

Why it matters: The decision in a 5-4 vote heralds the first significant action by the new President Trump-appointed conservative Justice Amy Coney Barrett, who cast the deciding vote in favor of the Catholic Church and Orthodox Jewish synagogues.

USAID chief tests positive for coronavirus

An Air Force cargo jet delivers USAID supplies to Russia earlier this year. Photo: Mikhail Metzel/TASS via Getty Images

The acting administrator of the United States Agency for International Development informed senior staff Wednesday he has tested positive for coronavirus, two sources familiar with the call tell Axios.

Why it matters: John Barsa, who staffers say rarely wears a mask in their office, is the latest in a series of senior administration officials to contract the virus. His positive diagnosis comes amid broader turmoil at the agency following the election.

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