DELEGATES to China’s highest-profile annual gathering of the global elite had been promised something big. Amid the country’s mounting trade tensions with America, they were to get the most “authoritative explanation” of China’s plans to make its economy more open. On April 10th Xi Jinping, the country’s leader, gave the opening speech at the Boao Forum for Asia on the southern island of Hainan—his first public appearance since he was officially given permission last month to remain president for life. China Daily, an official mouthpiece, called it a new chapter for “Xiplomacy”. Mr Xi, however, delivered the authority, but not much else.
The president stuck largely to generalities and well-worn themes. He promised that the door to foreign businesses would “open only ever wider” under his stewardship, but offered no specifics that are likely to placate Donald Trump (notwithstanding a tweet from the American president saying he was “very thankful”). It...Continue reading
Source: China https://ift.tt/2qtimgb
EmoticonEmoticon