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Xi Jinping's missed chance to offer a vision for reform

Little new in what had been billed as a landmark speech

| China
Most of the pledges offered by Chinese President Xi Jinping in his speech at the Boao Forum for Asia had been made before.   © Reuters

With tensions escalating between China and the U.S., all eyes were on President Xi Jinping on Tuesday morning as he addressed the Boao Forum, China's annual gathering of the global great and the good from business and politics.

Judging from the trading day in Asia, investors appeared to like what they heard. All major Asian markets finished the day in positive territory, with the CSI300, the main benchmark of Chinese large cap stocks, closing up 1.9%.

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