The Wall Street Journal reports: "Chinese President Xi Jinping offered a full-throated defense of economic globalization at a time of global uncertainty fueled by Britain's decision to leave the European Union and the U.S. election victory of Donald Trump. 'Some people blame economic globalization for the chaos in our world,' Mr. Xi said in a speech at the World Economic Forum in Davos, Switzerland. Mr. Xi countered the notion, saying that neither the refugee crisis nor the international financial crisis were the product of such globalization. In particular, he said, the financial crisis was the consequence of excessive profit chasing and the 'grave failure of financial regulation.' Mr. Xi, the first Chinese head of state to attend the Davos meeting, also offered an implicit rebuke of Mr. Trump, who has threatened to impose tariffs on China.'No one will emerge as a winner in a trade war,' Mr. Xi said. Mr. Xi also called the Paris climate accords a responsibility for future generations. Mr. Trump, who assumes office on Friday, has said he intends to withdraw from the agreement. Mr. Xi spoke at length about China's own economic growth record, saying it was built on the back of Chinese industriousness under the leadership of the Communist Party."
Foreign Affairs comments: "China is a disruptive power but not a revolutionary one. Its size, wealth, and assertive foreign policy lead it to demand significant changes to existing institutions, but it does not seek to overturn the current international order wholesale. Just half a century ago, Mao Zedong's China did indeed offer a distinctly revolutionary vision of world politics and China's role in it. Today, in contrast, Beijing doggedly pursues its national interests and territorial claims yet lacks a coherent alternative to the prevailing system and is actually a member of nearly every one of the existing major institutions. Yet China is a reluctant stakeholder—inside the tent, but still ambivalent and often dissatisfied. China's extraordinary rise in recent decades has earned it the leverage to demand a greater say in international affairs. It has acquired growing military power, trillions of dollars in foreign exchange reserves that can be recycled into direct investments, and new influence in developing countries from Africa to Central Asia. These facts mean that Beijing can now either support or undermine regional and global governance. Dealing with China's rise and revisionism will require greater creativity and strategic coherence than the West has displayed to date."
The Financial Times reports: "China's top judge has fired a warning shot at judicial reformers by formally acknowledging that China's court system is not independent of the Communist Party and rejecting attempts to make it so. Zhou Qiang, Supreme People's Court president, denounced the idea of judicial independence over the weekend, an about-face that jeopardises far-ranging efforts to create impartial legal institutions in China. 'Bare your swords towards false western ideals like judicial independence,' Mr Zhou told a gathering of higher court officials. Only two months before, he had said that party committees should not interfere in the political process. 'This statement is the most enormous ideological setback for decades of halting, uneven progress toward the creation of a professional, impartial judiciary,' said Jerome Cohen, an 86-year old American lawyer who has spent most of his career promoting legal exchanges between the US and China. 'It has already provoked some of China's most admirable legal scholars to speak out in defiance, and I fear not only for their academic careers but also for their personal safety.' Mr Zhou's declaration is seen by some analysts as a response to the recently concluded investigation of the Supreme People's Court by China's anti-corruption watchdog"