The inability of the world’s second-biggest economy, its representatives and its leaders to communicate and interact with the world is plain bad news for everybody. If you are not able to tell your story, people tend to make up their own tales. Perceptions matter and as Beijing would know, the Chinese aren’t the most loved people in the world.
China has been the elephant in the room since Lehman Brothers folded up, triggering the last wave of global economic turmoil. It stood out as the biggest contributor to global growth in the past eight years. But now the bubble, long expected to burst due to a mammoth build up of debt, is popping the wrong way.