Centralisation of financial policy as well as research and development strategy will reinforce a top-down style of politics. This will enable China to pivot policy rapidly when needed, but also amplifies opaque decision-making processes, creating the potential for investor surprises. 

China’s push for technological self-reliance will add tension to its relationship with the US. The decision to not change foreign policy course in the face of US pressure demonstrates that China is comfortable with increased geopolitical competition.