China marks 75 years of Communist Party rule as economic challenges, security threats linger

A police guard of honor rises China and Hong Kong flags during a flag raising ceremony for the celebration of the 75th National Day of the PRC, in Hong Kong

China is marking the 75th year of Communist Party rule as economic challenges and security threats linger over the massive state.

No festivities have been announced for the 75th anniversary, save for a flag-raising ceremony at Tiananmen Square, with an honor guard marching from the entrance of the sprawling palace that in past centuries was the home of Chinese emperors.

Commemorations were also held in the former British colony of Hong Kong and Portugal’s former territory of Macau, both of which returned to Chinese sovereignty in the late 1990s in a key indication of Beijing’s determination to overcome what it has called a “Century of Humiliation.”

In recent decades, China has mounted military parades and displays of the country’s economic might only at the turn of decades, such as for the 60th and 70th anniversaries.

The world’s second largest economy has struggled to regain momentum after the COVID-19 pandemic.

A prolonged property slump led to a spillover effect on other parts of the economy, from construction to sales of home appliances. Last week, China announced a slew of measures to boost the economy, including lower interest rates and smaller down payment requirements for mortgages.

Party leader and head of state Xi Jinping has largely avoided overseas travel since the pandemic, while continuing with his purges at home of top officials considered insufficiently loyal or being suspected of corruption or personal indiscretions.

“The road ahead will not be smooth, there will definitely be difficulties and obstacles, and we may encounter major tests such as high winds and rough seas, or even stormy waves” Xi warned during a banquet on the eve of the anniversary.

“We must be vigilant in times of peace, plan ahead, and rely closely on the entire Party, the entire army, and people of all ethnic groups across the country” he said, “no difficulties can stop the Chinese people from moving forward.”

The anniversary also comes as China is facing growing frictions with neighbors including Japan, South Korea and the Philippines over territorial claims and their close relationships with Beijing’s chief rival, the United States.

The Communists under Mao Zedong seized power in 1949 amid a civil war with the Nationalists, also known as the KMT, led by Chiang Kai-shek, who shifted their political, economic and military power to the now self-governing island of Taiwan.

Beijing continues to insist Taiwan must be annexed under Communist Party rule, by force if necessary, while the U.S. has provided arms to ensure its defense.

China, meanwhile, has involved itself in disputes over its claims to most of the South China Sea and uninhabited islands held by Japan, the Philippines, Vietnam and other neighboring nations.

China’s military buildup and its recent launch of a nuclear capable ballistic missile into the Pacific Ocean have raised concerns about a possible conflict.

At home, Xi has ended the term limits for top posts, thus extending his power over key government and party bodies.

Russian President Vladimir Putin congratulated Xi on the anniversary and the subsequent establishment of bilateral diplomatic ties, noting that Russia was the first country to recognize the People’s Republic of China 75 years ago, according to the official Xinhua news agency.

Xi reaffirmed their close ties, saying China would continue to expand “all-round pragmatic cooperation” between the two nations. MDT/AP