Is China bribing its way to superpower status?4 min read 10 Jan 2018, 11:32 PM IST
The scale at which China is using its capital for securing political influence is unprecedented
In a throwback to the golden days of the Middle Kingdom when foreign rulers brought with them tributes for the Chinese emperor, French President Emmanuel Macron on his recent visit presented Chinese President Xi Jinping with an eight-year-old gelding. Macron hopes that a charm offensive directed at Xi can help his task of reinvigorating the French economy and industries. Airbus, for instance, is betting its future on large orders from China. The French president has, so far, only offered up a horse and has expressed his admiration for Chinese civilization. David Cameron, the former British prime minister—who was announced last month to be taking over a leadership role in a joint UK-China investment fund—went further.