Davos

Authorities don't want to give the impression that they are very worried about growth

Li underscored the efforts China has taken to inspire confidence in its economy and government.

This year’s big three risks are inflation, macroeconomic volatility and geopolitical conflict, according to a PWC survey.

This is after the pandemic forced organizers to shift to Singapore and then cancel their meeting altogether this year.

“Each country is unique with its own history, culture and social system, and none is superior to the other,” says Xi.

An in-person event is scheduled to take place in Singapore in late May.

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SINGAPORE (Aug 30): New Economy Forum, a conference of global business and political leaders in Beijing has been relocated to Singapore due to the fallout from the trade war between the United States and China, reported the New York Times.

(Jan 17): When Xi Jinping addresses business elites at Davos, the Chinese president will find himself an unlikely champion of the trade-based global order Donald Trump has derided. His new role could prove to be one of his biggest tests.