When China presented the program for its G20 presidency to top officials from the world’s leading economies last week, Beijing laid out four economically wholesome priorities.
China, state councillor Yang Jiechi told the “Sherpas” gathered in Beijing, was eager for the G20 to break “a new path for growth” and pursue “more effective” global economic governance, “robust international trade” and “inclusive development”.
But Mr Yang, China’s top foreign policy official, should probably have added a fifth priority: convincing the world’s other major economies that China’s leaders were still in control.
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