Not many years ago, a visiting politician made an important speech in Paris. His words are worth recalling:

The man who uttered those words was Xi Jinping, the president of China.

I can’t think of any British business or political leader who could visit China and demonstrate the same level of understanding – or even interest – in the Chinese civilization. And yet this detailed level of knowledge about Western culture is not unusual for a Chinese politician. When Wen Jiabao, the Chinese premier, came to visit David Cameron, he brought a copy of a book by Adam Smith. But he did not bring Smith’s Enquiry into the Wealth of Nations, where he famously likened the market to an “invisible hand” determining prices. Instead, Wen brought The Theory of Moral Sentiments – much less well known in the West – which suggests proper limits on the market, and he quoted from it at length. Wen’s first request was to visit Stratford-upon-Avon where he asked to see a performance of King Lear: “I read and re-read many of Shakespeare’s plays as a young man,” he said, “such as Hamlet, Twelfth Night, Othello and King Lear. His works were not to be read only once or even ten times. They must be read up to a hundred times to be fully understood.” The Wall Street Journal thought that Wen was making a wider point, when it reported: