Xi Jinping's "New World Order" Is Dead: The Telegraph

While the UK and US, each embroiled in democracy’s perverse consequences, struggle to thwart Putin’s mad ambitions in Ukraine, their respective China strategies face forceful challenge from Beijing, Matthew Henderson wrote in a column for The Telegraph.

Photo Insert: Xi is courting debacles domestically and internationally and is being isolated due to its policy not to forgive debts incurred by many nations for the actually worthless belt and road initiative (BRI).

Xi Jinping is pushing brinkmanship to the edge in the Taiwan Straits while leading Western technology companies, alarmed by geopolitical uncertainty and facing hostile data “legislation,” are marching out of China in droves.

Sub-par performance by the best-known Chinese stocks is compelling some seasoned Western asset managers to cut their exposure. Risk has been defined as exposure to hostile intentions and capabilities.

This dictum omits one vital issue: Whether the party at risk is aware of what is going on. Xi’s dual cycle economy is a joke as the Chinese themselves are sending their cash overseas and Xi’s cronies are putting their stash offshore.

Arguably, much of the “free” world is either ignorant, or in denial, about Xi Jinping’s policy drivers, intentions and capabilities. This in itself is acutely risky. A tipping point in China Risk is rapidly approaching and with it an opportunity to turn this to the West’s advantage.

Xi Jinping is forging ahead with plans for a revisionist New Era in which China becomes the sole superpower in an authoritarian, post-democratic world order. His tactics include expedient alliances with other enemies of the West to defeat sanctions and other preemptive counter-measures short of military conflict.

Xi is courting debacles domestically and internationally and is being isolated due to its policy not to forgive debts incurred by many nations for the actually worthless belt and road initiative (BRI).

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