Politics
Behind the scenes
Six months ago, president Xi Jinping (pictured) became the first Chinese leader to make a speech at the World Economic Forum (WEF) in Davos in the bitter cold of winter. There he presented his country as the global leader flying the flag for cross-border co-operation and open, international trade. Today, the Annual Meeting of the New Champions – otherwise known as “Summer Davos” – opens in the Chinese port city of Dalian and it’s another opportunity for China to project a particular version of itself, only this time as a country with peerless high-tech industries – “new champions” refers to exciting young ventures in science and technology. Nobody would deny China’s importance in these sectors but stage-managed events like the Summer Davos cannot cover up the country’s mounting debt pile and conspicuously skewed markets. In that sense, leadership is still some way off.