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What Does Xi Jinping’s Attendance At Davos Mean?

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Editor’s remarks:
The Market Mogul’s readers seem to have little faith that Xi Jinping’s attendance at the World Economic Forum in Davos this week signals a change in course toward a more liberal and a more open China. In roughly similar proportions, readers expect that China will continue along its present course, challenge the United States for regional and international power, or become a champion of the current system of globalisation and trade which has enriched the country dramatically the last few years. With Donald Trump’s inauguration as the 45th President of the United States yesterday, China and the United States do seem on course for disagreement, at the very least. Trump has vowed to ‘put America first’ and to roll back trade policies which he views as having moved American manufacturing jobs to places such as Mexico and China. Xi Jinping might become an important lightning rod for international fight-back against Trump’s new order, which might suit China and its ambitious just fine.

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