China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time. Unprecedented, far worse than "Japanification."
In his speech at the World Economic Forum Annual Meeting in Davos, Switzerland, on Tuesday, Vice-Premier Ding Xuexiang highlighted the constancy of China's commitment to multilateralism by recalling a similar message that President Xi delivered to the same event eight years ago.
DAVOS, Switzerland — US President Donald Trump said his government looks forward to "doing very well with China and getting along with China" during a virtual address delivered to the World Economic Forum Annual Meeting in Davos, Switzerland, on Thursday.
In his first foreign policy speech, to the World Economic Forum, Mr Trump emphasised his willingness to work with Beijing. He spoke warmly of Xi Jinping, the Chinese premier, telling the assembled business leaders and politicians in Davos that the two men had a “very good” relationship and he looked forward to “getting along with China”.
American leader touts 'very good' relationship with Xi Jinping amid 'massive' trade deficits with Beijing In his first speech at the World Economic Forum of his second term, US President Donald Trump voiced optimism about Sino-American relations while warning of tariffs on companies that do not manufacture stateside.
WASHINGTON (Reuters) -Chinese Foreign Minister Wang Yi spoke with new U.S. Secretary of State Marco Rubio on Friday and Beijing said he told the known China hawk that the direction and tone of U.S.-China ties had been set by their leaders and he hoped Rubio would play a constructive role for the good of the people of both countries.
DAVOS, Switzerland – Chinese Vice-Premier Ding Xuexiang met global finance and business leaders, including Blackstone chief executive Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan Chase CEO Jamie Dimon, during a private lunch in Davos on Jan 21.
Donald Trump’s second term in office is getting off to a good start for China.
Ding Xuexiang also tells Davos that Beijing isn’t pursuing a trade surplus and there are ‘no winners in a trade war’.
FRANKFURT (Reuters) - Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric but more cautious on action - for now.
The president of the World Economic Forum (WEF) expressed optimism about China's economic prospects, citing the country's strong resilience and medium- to long-term potential, during an interview in Davos,
DAVOS: A top Chinese official warned Tuesday that no country would emerge victorious from a trade war, in a speech to the Davos forum as Donald Trump returned t