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This Chart Explains Why Xi Jinping Will Probably Go to Next Year’s G20 Summit in Brazil

Source: China's General Administration of Customs, GeoEconomics Center Calculations

Until recently, there was never any doubt that a Chinese president would participate in major summits like the G20 or ASEAN. Chinese leaders in the post-Mao era saw their attendance at these events as a symbol of China’s resurgence as a major world power.

That is apparently no longer the case as Xi Jinping is now carefully picking and choosing which of these fora he feels will maximize Beijing’s interests. To that end, Josh Lipsky, the senior director of the Atlantic Council’s GeoEconomics Center in Washington, said that economic considerations will influence the decision over whether to attend next year’s G20 summit in Brasília:

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