Xi Jinping’s entrenched position as Chinese Communist Party general secretary, president, and Central Military Commission chairman underpins the strong trader consensus against his removal before 2027. Recent developments, including the October 2025 Fourth Plenum and March 2026 National People’s Congress approval of the 15th Five-Year Plan, show continued policy leadership and elite alignment around his priorities on party discipline, technological self-reliance, and national security. Ongoing military and civilian purges have further centralized authority without visible factional resistance or named successors. The 21st Party Congress, scheduled for 2027, remains the next formal venue for leadership decisions, with preparations focused on extending his tenure rather than transition. While abrupt health developments, elite defections, or severe economic shocks could theoretically alter trajectories, the absence of public challenges or institutional mechanisms for early removal sustains the current implied probability.