Xi Jinping, China’s president, stands to speak at the opening of the 19th National Congress of the Communist Party of China at the Great Hall of the People in Beijing (Photographer: Qilai Shen/Bloomberg)

Xi Warns of Severe Challenges for China as Party Congress Opens

(Bloomberg) -- Chinese President Xi Jinping warned of “severe” challenges Wednesday, as he kicked off a twice-a-decade party meeting that may signal if he will appoint a successor to rule after 2022.