Xi Jinping Tries to Calm Skittish Investors with Rallying Cry to ‘Do Business in China’

Xi Jinping Tries to Calm Skittish Investors with Rallying Cry to ‘Do Business in China’


Chinese dictator Xi Jinping delivered a keynote address to the BRICS Business Forum on Wednesday that urged foreign investors to “do business in China” despite growing concerns about its costly coronavirus lockdowns, unsteady economy, unfair trade practices, human rights abuses, refusal to condemn the Russian invasion of Ukraine, and territorial aggression.

BRICS is a coalition of emerging economies that includes Brazil, Russia, India, China, and South Africa. (Describing China as an “emerging economy” is increasingly laughable given its hyperactive industrial development and titanic carbon footprint, but Xi’s government insists on milking its “emergent” designation for all that it’s worth).

Xi sees BRICS as a vehicle for building the ruthlessly amoral post-American, China-dominated world order of his dreams — an order in which imperial

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