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Beijing seeks to draw contrast with US volatility

Mar 22, 2026, 6:15pm EDT
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Chinese Premier Li Qiang speaking at the opening of the China Development Forum in Beijing
Ng Han Guan/Pool/Reuters

China pitched itself to global executives as a “harbor of stability,” drawing a contrast to US volatility.

Premier Li Qiang’s speech in Beijing on Sunday came as the world’s second-largest economy works to turn around a decline in foreign investment, which fell 9.5% in 2025.

Li also pledged to pursue more balanced trade after China logged a record $1.2 trillion trade surplus last year, underscoring concerns in Beijing that the trade imbalances could disrupt ties with other countries amid a trade truce with the US.

President Donald Trump’s visit to China is reportedly on hold until the Iran war is over, a delay that likely strengthens Beijing’s hand in geopolitical negotiations, analysts said.

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