President Xi Jinpings appearance at the World Economic Forum in Davos next week, the first by a Chinese chairman, rises at both an auspicious and inauspicious moment.
It is an auspicious minute because U.S. President-elect Donald Trump has all but announced Americas withdrawal from the world it has significantly saw during recent decades and from which Asia has most interested. His America First policy predicts protectionist tariffs and walls, as well as a retreat from commerce, climate pacts, and perhaps, even long-standing military alliances.
With Europe mired in inward-looking disarray, that leaves China as the one major power with a world prospect. Ready or not, China has become the de facto world leader seeking to maintain an open global economy and battle climate change. In accomplish, President Xi has become the core leader of globalization.
Aligning with the world business elites in Davos targets China even more squarely in the negative views of the populist brandish broom Western democracies.
The inauspicious aspect is the reverse: the general secretary of the Chinese Communist Party is speaking to the proselytized from the pulpit in the foremost church of the world society that accumulates yearly in Davos. Aligning with the world business elites in such a high profile behaviour targets China even more squarely in the negative views of the populist brandish broom Western democracies. It supports in their recollections that China is the main foe of the working and middle class in the West.
Im an economic nationalist, top Trump adviser Steve Bannon saidin a recent interrogation, embracing the worldview that defines the new U.S. disposal. The globalists gutted the American working class and developed a middle class in Asia. The issue now is about Americans looking to not get fed over.
It is notable that two of “the worlds largest” savvy anti-populist Western captains, Canadian Prime Minister Justin Trudeau and German Chancellor Angela Merkel, thought it politically wise to avoid the rarefied Alpine air of Davos this year.