Articles by Rebecca Liao
WHen China hosted economic policymakers from the G-20 countries in Shanghai earlier this year, Chinese leaders hoped to present their vision for a new international economic order in which Beijing would take a place commensurate with its wealth. Instead, they found themselves reassuring the G-20's jittery central bankers that China's turbulent economy was not headed for a hard landing and that Beijing would not further devalue the yuan.
Washington's reputation for getting things done has suffered so much lately that it seems as though Chinese President Xi Jinping is seeking more efficient but less official channels to make his concerns heard. During his official state visit to the United States late last month, his first stop was not the White House but Seattle. There, he wooed top U.S. technology executives and assured them that China was committed to cybersecurity and to fixing its slowing economy.