OPINION | World Economic Forum
After
Davos
What now for the
world economy?
I
By Kimberley Botwright, Policy Analyst,
Digital Trade, International Trade & Investment,
World Economic Forum
t’s been an eventful 12 months for
global trade. The UK voted for Brexit,
the US elected Donald Trump, and
anti-globalisation sentiment surged
across many regions. All the while,
trade flows remained sluggish, and are
expected to post their worst annual innings
since the financial crisis. Against this
backdrop, trade and investment issues
rocketed up the 2017 Davos agenda. Here’s
a recap of some of the week’s insights:
Chinese President Xi Jinping who delivered
a resounding defence of globalisation
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DIRECTOR OF FINANCE
A NEW LEADER IN TOWN
In a move that captured headlines
around the world, Chinese President Xi
Jinping delivered a resounding defence
of globalisation and open trade. “We
must redouble efforts to develop global
connectivity to enable all countries to
achieve interconnected growth and share
prosperity,” he said, while adding that
trade and investment rules needed to
catch up to today’s realities.
Prime Minister Theresa May preparing
to take Britain out of Europe