On January 17, Xi Jinping, Secretary General of the Chinese Communist Party and President of the People’s Republic of China, spoke at the World Economic Forum in Davos. In contrast to Chinese President Xi’s espousal of openness and economic globalism, U.S. President Trump violently rejected globalism. Well, there was a lot of that in both the Xi and Trump performances. Provocative distortionsAs for President Trump, most of his inaugural address—as has been the case with his campaign speeches—consisted of tendentious distortions. And it has abused its economic power at times, for example, with huge agricultural subsidies.

Source: Forbes January 23, 2017 19:00 UTC