China's President Xi Jinping looks on before meeting with former U.S. Secretary of State Henry Kissinger (not pictured) at the Great Halll of the People in Beijing, China December 2, 2016. REUTERS/Nicolas Asouri
Reuters: China's Xi to promote globalization at Davos, not 'war and poverty'
China's President Xi Jinping will promote "inclusive globalization" at this month's World Economic Forum (WEF) in Davos and will warn that populist approaches can lead to "war and poverty", Chinese officials said on Wednesday.
This year's forum, from Jan. 17-20, is expected to be dominated by discussion of a surge in public hostility toward globalization and the rise of U.S. President-elect Donald Trump, whose tough talk on trade, including promises of tariffs against China and Mexico, helped win him the White House. Trump will be sworn in on Jan. 20.
Xi is the first Chinese president to ever attend the WEF's annual forum in Davos, which brings together top-level political and business leaders.
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WNU Editor: For Chinese President Xi to succeed in promoting this approach .... China will need to open its markets, eliminate its protectionist policies, stop being a currency manipulator, establish a legal system that respects contract law, and remove many of the measures that limits foreign investment into the country. My prediction .... China will make a public commitment to do it (and probably at the Davos summit) .... but if history is any indication .... the Chinese are notoriously slow in implementing such measures .... and that is if they do it.
1 comment:
Seriously? More like New world Polution Order of Slaves... I know a good way to promote China's Idea of a new world order would be to pay thier factory workers the same wage as factory workers in the west. The only people who would want to be a part of China's world order would be 3'rd world people who don't know any better!
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