For China, pursuing global economic leadership is not just a goal. It’s an imperative.
That was the message from panelists at a Zòcalo/UCLA Anderson School of Management event, “Is China Prepared to Lead the Global Economy?” at the National Center for the Preservation of Democracy in downtown Los Angeles.
China is seeking global economic leadership, panelists said, as Chinese President Xi Jinping made clear at the recently concluded 19th National Congress of the Chinese Community Party. “They want to make China great again,” quipped panelist Jerry Nickelsburg, director of the UCLA Anderson Forecast.
And, 40 years after the opening up of China under Deng Xiaoping, China has achieved global leadership in several areas, including mobile platforms and mobile finance. The event moderator, former Los Angeles Times Beijing bureau chief Julie Makinen, lamented that when she returned to the United States, she lost the …