China's president still speaking in Davos debut 17 Jan

That headline is from the president of China. He's having a laugh surely huh?

  • world must say no to protectionism
  • need to remain committed to free trade
  • protectionism is like locking oneself in a dark room which all light and air are kept out

Oh yep btw, talking of human rights...

  • emerging markets and developing countries need greater voice in global decision making
  • no country should view its own development path as the only one, not try to impose its own path on others.

I repeat. These headlines from the president of China. He's having a laugh surely huh?

  • China has enormous potential for growth but faces downward pressure, many difficulties
  • will adjust structure and fend off risks
  • will continue to cut off capacity, deleverage
  • China expected to import $8 trln of goods in 5 years

And we all bow down.