I think the immediate takeaway is probably fairly commonly held, and it is that Xi Jinping now has a very firm grip on the Communist Party and on the regime in Beijing. He has surrounded himself with his supporters and cronies.
One important thing to notice is that he has buried this meritocracy that has grown up in the last 20 or 30 years, and has made the regime now simply a cadre of people who are his supporters.
I think it's quite a dangerous time—I really do. It's going to take a while before we see the full implications. For example, I think he is not going to be too concerned about the economic well-being of China; he's going to be more concerned about maintaining his authoritarian control.
As we speak, there are about 400 million Chinese people under lockdown. That's a third of the population. His authoritarian state is the most technologically sophisticated thing the world has ever seen. It is a very troubling and dangerous time, and I think he is a person to be looked at with much caution.