Xi touts alternative to Western capitalism in speech on Mao

News Snapshot:

Beijing | Chinese President Xi Jinping used a speech remembering Mao Zedong to push a framework the current leader rolled out recently to counter the West’s capitalist model. The “central task” of the nation and its ruling Communist Party is “to build China into a stronger country and rejuvenate the Chinese nation on all fronts by pursuing Chinese modernisation”, Mr Xi said in Beijing on Tuesday, as he marked 130 years since Mao’s birth. Xi Jinping on Taiwan: “The motherland must and is bound to be reunified.” AP Xi described “Chinese modernisation” – a vague concept he has been promoting...