“Hide your brightness, bide your time.” That famous piece of advice from Deng Xiaoping has served China well over the past 40 years.
Deng, the leader whose economic policies transformed China, understood that if his country was to become richer and stronger, it must avoid confrontation with the West.
Chinese officials and scholars often argue in private that the US is trying to thwart their country’s rise by luring China into a war over Taiwan. Like most countries, China has its share of problems. But the country’s economic rise remains impressive. This year China is projected to become the world’s largest exporter of cars, displacing Japan.
As a self-proclaimed Marxist, Xi should understand that global political power flows from economic power. But countries that look increasingly to China for trade and investment, such as Brazil or Indonesia, are going to listen at least as closely to Beijing as to Washington on big international issues.
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