This is China’s attempt to take over the leader’s jersey from the united states in the global economic issues.
DAVOS the Curiosity was great, when China’s president Xi Jingping opened the World economic forum in Davos on Tuesday. It is the first time in the forum’s 47-year history that a chinese leader involved. President Xi is accompanied, moreover, by a record delegation in Davos, reflecting the country’s desire to shine on the global stage – particularly in fragile times with the Brexit, the EU-crisis, and Donald Trump as an unsecured card.
President Xi gave a hefty display of self-assuredness, where he trumpeted for the role of China in globalization, trade and economic growth. The word globalization came back every five minutes, and he skrädde not the words of China’s weight in the world.
− After 35 years of reform, China has become the world’s second-largest economy and failed to lift 700 million people out of poverty, ” said Xi.
Most naglade himself the president of China solid to a glowing passion for globalization, with the comment that there are downsides to increased income inequality. It was evident that the country is looking for a larger global role, under the threat of increased protectionism from the united states. Sweden’s former foreign minister Carl Bildt reacted with some skepticism after century.
” It is somewhat ironic that the leader of the world’s largest communist party keeps a song of praise to globalisation. This is China’s attempt to take over the leader’s jersey from the united states in the global economic issues.
Can they do that?
– It depends on how the us policy evolves. But, there has arisen a kind of vacuum, and it is not surprising that China is attempting to fill this.
President Xi did not mention Trump by name in his speech, but his message to the future us president was crystal clear.
It warned both the pending trade war as a political power struggle between the bjässarna China and the united states when president Trump takes over. President Xi did not mention Trump by name in his speech, but his message to the future us president was crystal clear.
” We must say no to protectionism. It would be like to lock us all in a dark room with the wind whistling outside. No one will be the winner in a trade war, said Xi, adding:
− Many of today’s problems in the world are not caused by economic globalization but by war, conflict, and regional turbulence. Taflyktingströmmarna from north Africa and the Middle east, for example, said president Xi.
Many reacted positively to the the president’s speech comes at a time when international political leadership is conspicuous by its absence in many places, even here in Davos, where especially Angela Merkel’s absence baffles many. The leaders of several other european countries are also gone, and while the u.s. delegation is surprisingly thin.
Sweden’s prime minister Stefan Löfven on the ground in Davos believe that China’s strong presence at the meeting did not surprise.
” It’s not unexpected. China plays a big role in the world economy. Now, it is more about what role the united states wants to play in the world economy. If the united states is pursuing what they say and draws back it’s other players such as China that get bigger play space. It applies as well in Africa, south America and Europe, ” says Stefan Löfven to SvD.