Opinion: Why China's new leaders will ignore foreign investors

Following the customary once-in-a-decade power handover, China's new leaders are set to face many tough challenges, but enticing foreign investors will not be one of them. Instead, President Xi Jinping and his team will be looking outwards, ensuring China's rise as a global power and looking in, devising a more sustainable growth model. This will include reducing environmental degradation, curbing cronyism, corruption and inequality, and dealing with an aging population skewed by the one-child-policy. Above all, they will strive to ensure stability.

Such challenges call for a robust and visionary agenda, perhaps similar to the innovative opening-up policies introduced by Deng Xiaoping in 1978. These moved China from the societal model of the Cultural Revolution to a jural model of law, which lifted hundreds of millions of people out of poverty and kick-started the transformation making China today the second largest economy in the world.