Xi burnished his global leadership credentials at Davos; back home the administration remains nervous on the eve of Trump-era America. Official media claim Xi's ‘China Solution’ is the antidote to de-globalisation, whether or not that was what US voters really had in mind. Trump's pledge to slash corporate taxes, weakening the RMB and investment into China, is more threatening than a tit-for-tat war over tariffs and exchange rates, but no one is ruling it out. Beijing’s reassurance on FDI and ODI remaining as before spoke to doubts rather than confidence.
January: global glitches, Chinese fixes
January: global glitches, Chinese fixes
January: global glitches, Chinese fixes
Xi burnished his global leadership credentials at Davos; back home the administration remains nervous on the eve of Trump-era America. Official media claim Xi's ‘China Solution’ is the antidote to de-globalisation, whether or not that was what US voters really had in mind. Trump's pledge to slash corporate taxes, weakening the RMB and investment into China, is more threatening than a tit-for-tat war over tariffs and exchange rates, but no one is ruling it out. Beijing’s reassurance on FDI and ODI remaining as before spoke to doubts rather than confidence.