0 karma · joined May 13, 2017
"The Chinese government had hoped to assemble a weightier guest list to Mr Xi’s premier international forum. But many heads of state and government, especially from G7 and OECD nations, were reluctant to participate in what they thought might be little more than a propaganda coup for China’s ruling Communist party.
Only seven EU heads of state or government, most from smaller eastern European countries, accepted Mr Xi’s invitation"
https://www.ft.com/content/f89060ac-36c7-11e7-bce4-9023f8c0f...
"The Chinese government had hoped to assemble a weightier guest list to Mr Xi’s premier international forum, which is occurring just months before he formally begins a second five-year term in office. But many heads of state and government, especially from G7 and OECD nations, were reluctant to participate in what they thought might be little more than a propaganda coup for China’s ruling Communist party.
Only seven EU heads of state or government, most from smaller eastern European countries, accepted Mr Xi’s invitation, while Kenyan president Uhuru Kenyatta will be the only top-level African VIP."
https://www.ft.com/content/f89060ac-36c7-11e7-bce4-9023f8c0f...
Seriously, only third world countries welcomes Chinese loans that will never be be repaid. The 'Belt and road' scheme has been shown to be a failure thus far. No smart nation wants to have its economy/community/jobs/manufacturing destroyed by an evil government, just for cheap, shoddily made goods
Besides, China has no trillions to spend. It's massively in debt, suffers from capital outflow and rich fleeing the country. It has middle income problem and demographics issues. It's heyday was 2007.