BLUF
Chinese Vice-premier, Liu He, has told a gathering of business leaders and ministers in Davos, Switzerland, that China is eager to restore better relations with the West.Summary
This article by Ambrose Evans-Pritchard, writing for Australian Financial Review, makes the following points:
- China claims it wants a new era of détente after the ‘wolf warrior’ diplomacy of the past five years.
- It is a subtle way of saying that the neo-Maoist fever of Jinping’s second term is over.
- If China’s claims are true, Xi’s third term will be a significant pivot back towards more rational foreign and trading policies.
References
Recent Runway Posts related to this topic:
- China loses grip on global manufacturing | The Runway (airforce.gov.au)
- Peak China? | The Runway (airforce.gov.au)
References from the Web:
- JAN 2023 World must abandon Cold War mentality, China’s vice premier tells Davos—CNBC
- JAN 2023 Davos 2023: China reopens its doors with investment pitch to global elite—Reuters