The US presidential election, in spite of some uncertainties about Mr Romney's real position on many issues, is a straightforward and dramatic electoral contest. It will be comprehensively covered everywhere, and its outcome exhaustively analysed. The replacement of China's leadership at the 18th party congress, a couple of days after the American vote, is, by contrast, already foreordained. It looks like Chinese business as usual, and will be an almost entirely opaque process, as unclear in its implications after it is over as it is before it has begun. Yet it is arguably the more important of the two
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