Recent military purges within China's People's Liberation Army, including the October 2026 dismissal of multiple senior admirals and Central Military Commission figures such as Zhang Youxia for alleged disciplinary violations and factionalism, have shaped trader assessments of internal stability risks. Official statements attribute these actions to corruption, while analysts link them to efforts to enforce loyalty ahead of the 2027 party congress and address differing views on policy priorities like Taiwan. No verified coup attempt has occurred, though recurring unconfirmed rumors of factional opposition or leadership challenges circulate periodically. The upcoming plenum and leadership transition timeline remain key scheduled events that could influence perceptions of political risk.