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Trump and Xi joust for world economy crown with divergent plans

Trump - whose two-day itinerary to China includes a stop at the Forbidden City in Beijing and a state dinner

Michael Heath & Enda Curran | Bloomberg 

President Donald Trump touched down in Beijing on Wednesday seeking immediate wins for the world’s-biggest economy. His host, President Xi Jinping, is playing a longer game. Xi has mapped out a two stage blueprint: First, to entrench China’s manufacturing might by 2025 through a shift up the technology chain to high value-add products. Second, as laid out last month, build a “great modern socialist country” so China is “a global leader” by 2050. Trump, who’ll be accompanied by business leaders eager for deals, wants to cut his ...

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First Published: Tue, November 07 2017. 02:52 IST