Top China Economist Says Beijing Just Wants Respect
Xi Jinping arriving for the APEC summit in San Francisco in November 2023. The Chinese leader’s first trip to the US in six years showcased a potential desire to re-engage with his country’s top rival.
Photographer: David Paul Morris/BloombergChina’s economy has experienced a slew of setbacks of late, problems that have seen it fall further behind the US in the global economic ranks and helped fuel a mass equities selloff.
But that’s just for now. The Asian nation remains on course to surpass America in economic size in the next decade, according to Li Daokui, one of China’s top economists and a regular government adviser. That’s one of several messages he wants to communicate to the US public in his first book in English meant for a general audience, China’s World View, which was released this month. Other key messages from Li include China’s leaders are insecure about the country’s position in the world and, well, more motorcycling could be an aid to growth.