China can claim global leadership mantle but fails to win friends or admirers

To listen to Chinese President Xi Jinping, who delivered a New Year’s address to the nation last week, China has emerged triumphant from ...


To listen to Chinese President Xi Jinping, who delivered a New Year’s address to the nation last week, China has emerged triumphant from the severe challenges of 2020 while the rest of the world, especially the Western democratic world, has suffered dearly from the ravages of Covid-19.

And there was certainly much for him to crow about. As a new year begins and Covid-19 continues to rip into overwhelmed health systems and failing economies around the globe, China has largely beaten back the virus. The entire city of Wuhan, which rang in 2021 with large, buoyant street parties, was in total lockdown around this time last year. Moreover,  remarkably, unlike any other major economy, the country of 1.4 billion people is once again seeing a rise in its GDP. 

After a painful, coronavirus-induced 6.8 per cent contraction in the first quarter of 2020, the Chinese economy grew at rates of 3.2 per cent and 4.9 per cent in the second and third quarters respectively. China is the only Group of 20 nation expected to record a positive economic growth rate for this past year, and economists are predicting a rise as high as nine per cent in the year ahead.

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Newsrust: China can claim global leadership mantle but fails to win friends or admirers
China can claim global leadership mantle but fails to win friends or admirers
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