Xi Jinping has made China markedly weaker

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It appears wolf warrior Xi Jinping is more like Xi the Idiot.

One of the more persistent features of Western Orientalism is the notion that Chinese governance is different because it plans not for the next election cycle but for the next century.

This is suspiciously characteristic of the stereotype of Confucious as being sagacious, inexplicable, and bestowed with mystical powers.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.