This is apropos a Business Recorder op-ed "FATF and global politics" carried by the newspaper yesterday. The writer has rightly highlighted a fact in relation to China and its approach to regional and global issues. It is quite true that rarely does China express its opinions on global politics vocally. But it is also true that China always expresses its point of view in a highly effective and meaningful manner. Chinese leadership right from Chairman Mao to President Xi has always shown a great deal of finesse. That Chinese policymaking is characterized by prudence is a fact. The former 'Middle Kingdom' has therefore strongly "expressed its indignation over the blatant display of politics in FATF and pointed towards the USA and India as the ones attempting to exert their influence on FATF proceedings". I fully endorse writer's standpoint.
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