ABSTRACT
Since Xi Jinping became the supreme leader of the People's Republic of China, the country's foreign policy has shown greater proactivity and confidence, with more emphasis placed on constructive engagement with international institutions. The Chinese Dream has gained particular momentum in Chinese society not only because of its nationalistic rhetoric and impetus. There is also a materialistic dimension to the discourse which subtly links the Chinese Dream to Xi's anti-corruption campaign. China has recently found itself needing to export excess capacity, resources, and labor through foreign investment in order to achieve its own economic transformation. The United States hoped to use the Marshall Plan to revive war-torn Western Europe in order to demonstrate the superiority of capitalism over communism and undermine the influence of the Soviet Union. During the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in 2014 hosted by China, Xi promoted China's proactive economic institutional framework building.
