Xi Seeks to Balance Anti-US Ambitions with Economic Pragmatism
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Xi is pursuing two contradictory goals displacing the US as the dominant global power while also courting US investors to boost China's struggling economy.
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Xi has long held a grudge against US influence and seeks to undermine it, but he is wary of provoking the US too much right now.
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China is providing support to Russia in Ukraine and threatening Taiwan, alarming the US, while also making some concessions to ease tensions.
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Xi is trying to signal to US executives that they can still profit in China, but analysts warn this collides with his global ambitions.
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Xi's friendly rhetoric likely represents a bid to buy time and boost growth while not altering his fundamental desire to displace US power over the long term.