The Chinese leader enjoys complete domination of party and state. But to maintain stability, he also needs to signal a succession process is in place.

Diane Brady on Xi Jinping’s turn toward the tech sector. The big story: U.S. and Russia in talks on Ukraine. The markets: Treading water. Analyst notes from Goldman Sachs (on the U.S. economy), Apollo (on GDP),

China’s Communist Party has a history of purging then welcoming back senior officials. Deng Xiaoping was purged three times before leading the country out of Maoism in the late 1970s. Some cadres are welcomed back years after their death.

Chinese leader Xi Jinping hosted a meeting with Chinese high-tech tycoons on Monday. Observers said that Xi’s meeting sends a positive signal to “help promote the private sector.” But Xi needs to do more,