China's Xi takes spotlight at Davos as US makes transition - News Summed Up

China's Xi takes spotlight at Davos as US makes transition


Xi's opening plenary address Tuesday to political and business leaders is shaping up as perhaps the highlight both of this year's WEF and Xi's one-country European visit to ultra-stable and chronically neutral Switzerland. Xi is the first Chinese head of state to visit Davos, and he will be trailed by four government ministers. Russia also will be represented, with two deputy prime ministers and dozens of business leaders attending the gathering. When the first Davos conference took place in 1971, it was all about European leaders trying to tap into U.S. business acumen. In today's era of populism, a presence at uber-elite Davos can be a bit unseemly for Western leaders.


Source: Fox News January 17, 2017 05:28 UTC



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