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Fortress China: What Could Happen if Beijing Goes Bust

Pity Xi Jinping. Less than four years ago, he was the anti-Trump, the toast of Davos, the hero of the World Economic Forum, promising to “pursue a well-coordinated and inter-connected approach to develop a model of open and win-win cooperation” and “develop a model of fair and equitable governance in keeping with the trend of the times.” WEF Chairman Klaus Schwab lauded China’s “responsive and responsible leadership in providing all of us with confidence and stability.”

That was then; this is now.

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Published inAll ArticlesThe National Interest
Sydney-based globalization expert Salvatore Babones is available to speak on the Chinese economy (demographics, growth, technology), the Belt & Road Initiative, global trade networks, and Australia-China relations. Contact: