Xi Jinping To Attend Davos World Economic Forum
Chinese President Xi Jinping will make history this month. He will attend the World Economic Forum (WEF) in Davos, Switzerland. This year, the WEF will tackle globalization and the incoming administration of Donald Trump.
As such, President Xi Jinping will take the spotlight at the Jan. 17 to 20 forum. In the WEF, China will position itself as the champion of globalization. On Tuesday, the Chinese Foreign Ministry confirmed Xi’s attendance at the WEF. The WEF holds an annual gathering of global and political leaders, CEOs and celebrities. As it stands, Xi’s attendance will be one of this year’s biggest highlights.
The Davos convention will end just as Trump swears into the presidency. One of Trump’s campaign promises was his country’s withdrawal from certain trade deals with China and Mexico. The threats mean to bring back industries back to the mainland US, Reuters noted.
World Looks Forward to Xi Jinping’s Attendance
With Xi in the WEF, executive chairman Klaus Schwab expects to hear China’s plan as a leader in global affairs. At this fragile point in history, the world needs new ideas and concepts to adequately prepare for the future. Schwab said that simplified approaches to complex global agenda will fail, as the world does not nee populist solutions.
The call echoes the rising anti-globalization movement felt in the West’s most developed nations. For example, Trump’s victory at the polls and the UK’s Brexit, which aims to leave the European Union. Xi will be in Switzerland from Jan. 15 to 18, first for a state visit, then for the WEF meeting in Davos, according to Lu Kang, China’s Foreign Ministry spokesman. The Chinese leader will also drop by the Geneva offices of the United Nations, World Health Organization and International Olympic Committee.
Other global leaders will also be notably absent. This includes regular WEF attendee German Chancellor Angela Merkel and Canadian Prime Minister Justin Trudeau. The name of European Commission President Jean-Claude Juncker is also not included in the official line-up, released on Tuesday.
However, there are 3,000 participants, with 1,800 executives from a thousand companies. Many presidents, prime ministers and bankers will also be present. And, finally for the United States, Vice President Joe Biden and Secretary of State John Kerry will attend. A member of Donald Trump’s transition team will also accompany the two secretaries.
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