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At IMF meetings, China's globalisation agenda left behind in trade talks

Some delegates from China at the Bali IMF and World Bank meetings expressed frustration that Beijing's agenda was being bypassed

Reuters  |  Indonesia 

ThreedaysbeforeUSPresidentDonaldTrumptookofficeinJanuary2017,ChinesePresidentXiJinpingportrayedBeijingasthechampionanddefenderofglobalisationattheDavosWorldEconomicForumamidrisingfearsoftradeprotectionism. Afewmonthslater,asXilaunchedaforumonChina'svastBeltandRoadeffort,promisingtospreadChineseinvestmentandsoftpowerthroughtheworld,itappearedhiscountry'sglobalstaturewasrising. ButnowthelustreonBeijing'stradeandinvestmentstoryhasdulledamidrisingUStariffs,higherinterestratesand ...

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First Published: Sun, October 14 2018. 18:17 IST
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