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.

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