Economics
Xi to Face World Tired of Empty Promises at Big China Trade Fair
- China’s president to deliver key address to open import expo
- Foreign companies, governments want to see faster reforms
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After Donald Trump won the U.S. presidency with a pledge to put “America First,” Chinese counterpart Xi Jinping quickly moved to present himself as a champion of globalization.
Nearly two years later, Xi is locked in a trade war with Trump and hasn’t succeeded in persuading the world that he’s serious about opening the economy quickly. The China International Import Expo in Shanghai, a Xi brainchild set to open Monday with some 3,000 companies from more than 100 countries, gives him another chance to finally win over his skeptics.