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China’s turn inward (FT)

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Responding to acute domestic pressures and hostility abroad, Beijing appears to be slowly decoupling from the west

Edward White in Seoul, James Kynge in London and Tom Mitchell in Singapore

Nov 4, 2021

In early 2017, Xi Jinping strode on to the stage at Davos, high in the Swiss alps, and stunned the world’s financial and political elites with a defence of globalisation and the liberal economic order.

Flanked by the biggest ever delegation of senior officials from Beijing, Xi’s presence at global capitalism’s spiritual home marked the first time a Chinese leader had attended the World Economic Forum in person. He calmly offered leadership and stability against the crumbling facade of western legitimacy following the election of Donald Trump and Brexit.

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