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Xi Rejects Westernization in Show of Faith in Self Reliance

  • Chinese president gives speech to top ruling party officials
  • Xi calls for innovation, balance between efficiency and equity
Xi Jinping
Xi JinpingSource: Bloomberg
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China’s successful development shows there is another way to modernize, President Xi Jinping said, rejecting any need to “westernize” and doubling down on his goals of increased self reliance and improved social justice.

China must work to create a path to modernization that is more efficient than capitalism, Xi told top officials this week according to the state-run Xinhua news agency report. Innovation must be placed in a prominent position in overall national development and there should be better balance between efficiency and equity, Xi said.