Xi Jinping
China's President Xi Jinping looks on during a signing meeting with Maldives President Abdulla Yameen at the Great Hall of the People in Beijing, China December 7, 2017.
  • China wants to transition its growth model, with a bigger role for manufacturing, China Beige Book CEO Leland Miller told CNBC.
  • That will boost its exports, which could spark unrest in global economies, prompting trade wars.
  • China is already proving itself in electric vehicle, solar panel, and battery manufacturing.

As China looks to transition towards a healthier growth model, its strategy could spark a head-to-head with other global economies, China Beige Book CEO Leland Miller told CNBC.