Davos provides propaganda opportunity for China

Today, the rich and powerful who are Davos Men โ€” and they are mostly men โ€” continued their annual meeting in the Swiss Alpine resort. U.S. President Trump may be eating his nightly cheeseburger there: there is a McDonaldโ€™s in Davos. He arrived after yesterdayโ€™s speech by Liu He ๅˆ˜้นค, one of General Secretary Xi Jinpingโ€™s closest advisors who is sometimes described as the mastermind or โ€œbrainโ€ behind Chinaโ€™s economic policy. Like Xi last year, Liu talked up globalization, an implicit criticism of Trumpโ€™s nationalist rhetoric โ€” see our The China Project summary.

  • Liu made some striking promises: he said China will clean up its smog problem in three years, get debt under control, and open its economy up to foreign investment and imports in 2018.
  • โ€œIt is remarkable how Beijing is using Davos as a propaganda platformย to further advance its alternate vision for global governance and enhance the domestic prestige of the โ€˜leadership of the CPC Central Committee with Xi Jinping at the core,โ€™โ€ wrote Bill Bishop in his Sinocism newsletterย (paywall).
  • State media articlesย that show Billโ€™s point: commentary from from Xinhua News Agency: One year on, Xi’s shared future vision wins wider support, Shared future or America First, and A shared future, a shared view in Davos, which says: โ€œWith the United States pulling out of such international commitments, such as the Paris Agreement on climate change, China has won more international recognition for its role for being a responsible country.โ€
  • โ€œThe Chinese for quite a little while have been superb at free-trade rhetoricย and even more superb at highly protectionist behavior,โ€ said U.S. Commerce Secretary Wilbur Ross at Davos, according toย Bloomberg.
  • โ€œChinese at Davos โ€˜giddyโ€™ about โ€˜globalism with Chinese characteristics.โ€™ย My translation: Illiberal system that encourages trade & investment coupled w/ deep govt intervention to serve industrial policy goals, ensure dom stability & greater intl influence.โ€ Thus tweetedย Scott Kennedy of the Center for Strategic & International Studies after reading a Caixin storyย on China embracing โ€œglobalism with Chinese characteristics.โ€
  • Further reading โ€” in the New York Times: Davos lauds Chinaโ€™s climate efforts even as emissions riseย (paywall); from Davos last year by our own Kaiser Kuo: The talk Of Davos about Xi and Trump. Kaiser is at Davos again, so expect another op-ed on the subject soon!

Youโ€™re never alone with an update

Yesterday we notedย that the worldโ€™s first cloned monkeys have been born in China, with more expected to be born soon. They will be used to research human diseases such as cancer. Now the world wonders what it will mean.

  • โ€œHumans may be next,โ€ saysย Newsweek.
  • “Yes, they’ve cloned monkeys in China. That doesn’t mean you’re next,โ€ saysย the New York Times (paywall).

Chinese scientists score a cloning victory with monkeys