Editorial | Engaging China best for next British PM
- Stability and prudent economic policies have never been needed more following the resignation of Liz Truss after only six weeks
When elected Britain’s prime minister by her party last month, Liz Truss joked the process had been “one of the longest job interviews in history”. Now, after six dramatic weeks, she has resigned.
Her election campaign lasted longer than her time as leader. Truss promised to deliver bold tax cuts and economic growth. But her misconceived plan, requiring a steep increase in government borrowing, led to market turmoil.
She was forced to sack her finance minister and embark on a series of embarrassing U-turns. Her credibility was shattered.
Now, the Conservative Party has begun yet another search for a new leader. The winner will be Britain’s third prime minister this year.
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Outgoing UK prime minister Liz Truss joins ranks of shortest-serving world leaders
There is even talk of Boris Johnson, who quit the job in July after a series of scandals, making a comeback. These turbulent events in one of the world’s oldest democracies have coincided with President Xi Jinping’s moves to further consolidate his power in China.
The uncertainty in Britain, along with similar policy and leadership shifts in other Western countries, is seen by many Chinese people as strengthening Beijing’s hand. It makes it easier for China to argue that its form of government offers greater stability, consistency and better long-term planning.