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Xi Jinping presents China as a rock of stability

Xi Jinping presents China as a rock of stability

 


Delegates at the World Economic Forum in Davos, Switzerland, often treat politicians like rock stars. But the flattering reception given to Chinese leader Xi Jinping on January 17 was extraordinary. He was the first Chinese president to attend the annual gathering of the world's political and economic elite. Even an overflow room was packed as he delivered, with his usual austerity, a speech laced with literary references rendered through bulky headphones in equally monotonous translations. Mr. Xi said little new, but the audience appreciated it nonetheless. Here, at a time of global uncertainty and anxiety for capitalists, the world's most powerful communist presented himself as a champion of globalization and open markets.

Mr. Xi (pictured, next to a panda-shaped ice sculpture) did not mention Donald Trump by name, or even that of America, but his message was clear. No one will win a trade war, he said, attacking Mr. Trump who has threatened, among other mercantilist acts, to impose heavy tariffs on Chinese goods. Mr Xi likened protectionism to locking yourself in a dark room, a phrase delegates repeated with delight. His words seemed comforting to many after a year of political surprises, particularly in America and Britain. Mr. Xi cited Dickens to describe a world of contradictions, as he put it. It was the best of times, it was the worst of times, he said. Many foreign companies also complain about what they see as rising protectionism in China, but no one can accuse Mr. Xi of disagreeing with the mood at Davos. China, Xi assured delegates, will keep its door wide open and not close it.

Sources

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2/ http://www.economist.com/news/china/21715035-does-he-really-want-be-global-leader-xi-jinping-portrays-china-rock-stability%3Feloqua_id%3D5039%26vid%3D518%26page%3D43

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