John K. Defterios, Anchor and Emerging Markets Editor, CNN International speaks during the 2012 of the World Economic Forum at the congress centre in Davos, Switzerland, January 27, 2012. (Wikipedia/Michael Wuertenberg)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
While Donald Trump has promised a retreat of the U.S. from the world stage, China made a bold statement here at Davos that it's willing to fill the void left by Washington when it comes to globalization.President Xi Jinping was the first Chinese president to address the World Economic Forum, a gathering of the global business elite, often criticized for being out of touch with the common man. "Team China" if you will came here in full force with their largest entourage ever – over one hundred delegates representing 40 companies. Roubini predicted China would extend a helping hand to Mexico with Trump continually telling its southern neighbor to build a wall along the U.S. border to stem the flow migrants.China represents about half of America's trade deficit running above $500 billion and Trump is eager to reverse that trend.Founder Klaus Schwab received his first Chinese delegation well back in 1979 . He has welcomed four Chinese premiers in nearly four decades, the first being Li Peng when China began its move onto the global stage.
U.S. president’s uneasy alliance with OPEC
Shock and awe in Saudi Arabia
of the GCC
FOLLOW THIS ARTICLE