China has a single leader with absolute power.

The irony is that the US is currently getting so much flak because it's leader is trying (and failing, EOs only go so far) to become what Xi Jinpeng is to China.

So if you want to put all your eggs in Xi's basket alone, go ahead. But if he has a stroke tomorrow and thinks China would be best off making pool toys, all your eggs will be smashed in one instant.