Chinese leader Xi Jinping is gathering world leaders in Beijing this week for a high profile forum with a clear set of goals: laud China’s role backing economic development over the past decade and project its expanding ambitions as an alternative global leader to the United States.
That bid takes on heightened significance as renewed conflict in Israel and Gaza threatens to trigger broader instability in the Middle East, a region where the US is the traditional power broker, but China has been growing its influence and efforts to play a role in peace.
Leaders, representatives and delegations from more than 140 countries, including in the Middle East and many Global South nations, are expected to meet in the Chinese capital for the carefully choreographed two-day gathering – China’s first time hosting an international event at this level since emerging this past January from nearly three years of pandemic isolation.
Fidelity China Special Situations PLC (LON:FCSS), the UK’s largest China Investment Trust, capitalises on Fidelity’s extensive, locally-based analyst team to find attractive opportunities in a market too big to ignore.