The Caste
When President Obama greets Chinese leader Xi Jinping at the Sunnylands estate in California today, another, arguably more important meeting will be taking place across the Pacific Ocean, in the central Chinese city of Chengdu. The Fortune Global Forum, an invitation-only conference of Fortune 500 CEOs, Chinese elites, and fashionable journalists, began on June 6 at the Shangri-La luxury hotel along the Jin River. The forum concludes on June 8. If there is an event that better explains the feeling of estrangement and frustration and cynicism ordinary Americans feel toward the men and women who govern and manage them, I can’t think of it.