Chinese President Xi Jinping presents China’s rapid industrial development as a reference point for developing nations in a speech at an event marking the 105th anniversary of the founding of the ruling Communist Party. Xi says China achieved in a few decades what he describes as taking centuries for today’s rich countries to develop, and he argues that China can offer “Chinese wisdom, Chinese solutions and Chinese strength” to help address major global challenges. Both outlets report that Xi frames this message around China’s call for building a “community with a shared future for humanity.”
The Business Standard also adds context that China has long resisted what it portrays as U.S. dominance of the international system, saying it does not seek to replace the existing global order but to change it so it better reflects the interests of developing countries. It further notes that China and the United States clashed last year over trade issues, with Xi’s government pushing back against U.S. import tariffs that were later scaled back under President Donald Trump.
