China is not yet the engine of trade the world needs

Xi Jinping's economy must do more to reclaim mantle of stability on global stage

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Chinese President Xi Jinping speaks during the G20 leaders summit in Bali, Indonesia, on Nov. 15, 2022. © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

For all the chatter about China dreading Donald Trump's return to the White House, one potential silver lining for Xi Jinping's economy stands out: reclaiming the mantle of stability and predictability on the global stage.

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