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China Insider

XI Meets with Western Business Leaders, Boao Forum, and CCP Hacking

Apr 2, 2024
Shane Leary discusses Xi Jinping's meeting with Western business leaders, challenges in China's economic structure, Boao forum's declining relevance, and China's cyber espionage attempts on Western nations. The discussion also covers China's focus on state-owned enterprises, global dominance, and the influence of individuals on US-China relations.
29:52

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Quick takeaways

  • Xi Jinping's meeting emphasizes CCP's push for foreign investments, but skepticism remains due to state-oriented economy.
  • Boao Forum's declining relevance mirrors China's faltering credibility, shifting attention to new forums for hegemonic strategies.

Deep dives

Xi Jinping's Meeting with Western Business Leaders

Xi Jinping's recent meeting with Western business leaders signals a strong effort by the CCP to attract investors back to China. Despite Xi's assurances, international investors remain skeptical due to China's planned economy favoring state-owned enterprises and its global dominance goals, leading to unfavorable business conditions for foreign investments.

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