Analysis: Under Jiang, China projected a more open image

FILE - Former Chinese President Jiang Zemin attends the closing ceremony for the 18th Communist Party Congress at the Great Hall of the People in Beijing, China, on Nov. 14, 2012. Jiang has died Wednesday, Nov. 30, 2022, at age 96. With his death, former Chinese leader Jiang leaves behind a very different China than the one he tried to shape. Now it’s Xi Jinping’s nation.(AP Photo/Lee Jin-man, File)

He grinned, and — just eight years after the crackdown on democracy protesters in Tiananmen Square — the spectacle of China's ruler beaming and glad-handing people in the very heart of capitalism seemed at once charming and really, really odd.

It was at the New York Stock Exchange, and Jiang Zemin, the powerful head of the Chinese Communist Party and government, was ringing the opening bell. “Good morning!†he boomed. “I wish you good trading!â€

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