China sends leading economic advisers and politicians to lead their biggest entourage so far to attend the World Economic Forum in Davos this week.
More than 130 members will join Liu He to attend the global economic meeting, where he is scheduled to spoke and outlined China's vision of the economy in 2018, analysts said. He was also expected to warn Washington of the dangers of a possible trade war.
When President Xi Jinping attended the meeting last year, he spoke of the importance of globalization while President Donald Trump became the new leader of the United States.
At that time, Xi also warned that "trade wars will only cause suffering on both sides."
President Trump has long promised to be tough on China and other exporters who he claims is unjustly competing with American producers, but the talks are now turning to action. Monday (22/1), the American government imposed tariffs on solar panels and washing machines.
Last week, Trump told Reuters in an interview that the United States is considering enforcing a large fine against China over alleged intellectual property theft. 19659002] Stronger measures from the Trump administration are expected to come into effect in the coming weeks and months of 2018.
What happens this week in Davos can be key in determining the direction of global economic policy. Unlike last year, President Donald Trump will attend a meeting in Davos this year. [lt]