2024.07.17

• China

Expectations vs. reality of Xi Jinping’s charm offensive by Naoko Eto(Geoeconomic Briefing)

After a long absence of conciliatory diplomacy especially with the West, Chinese leader Xi Jinping seems to have finally embarked on a charm offensive. Beijing’s goal is to create a virtuous cycle that improves its international standing, stimulates its economy by attracting foreign investment and increases other countries’ economic dependence on China.