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Chinese leader Xi Jinping speaks at the China-Central Asia Summit held this past May in Xi'an.Huang Jingwen/Xinhua/Getty Images BeijingCNN — Chinese leader Xi Jinping is gathering world leaders in Beijing this week for a high profile forum with a clear set of goals: laud China’s role backing economic development over the past decade and project its expanding ambitions as…
China holds 17.7% of the world's total wealth, the second largest share held by any country. It has the world's largest banking sector, with assets of US$40 trillion and the world's top 4 largest banks all being in China. In 2019, China overtook the United States as the home to the highest number of rich people in the world, according to the global wealth report by Credit Suisse.
Chinese leader Xi Jinping is gathering world leaders in Beijing this week for a high profile forum with a clear set of goals: laud China’s role backing economic development over the past decade and project its expanding ambitions as an alternative global leader to the United States.
Chinese leader Xi Jinping is gathering world leaders in Beijing this week for a high profile forum with a clear set of goals: laud China’s role backing economic development over the past decade and project its expanding ambitions as an alternative global leader to the United States.
China's Belt and Road Initiative stands as one of Xi Jinping's most iconic policies. However, sustaining the same fervor it once enjoyed seems to present more challenges now than ever before.