Xi Jinping in Davos at a time of tension with the USA – Diário de Notícias – Lisbon

this Is the first time that a chinese president will intervene in the meeting in Switzerland.

Donald Trump takes possession on the next Friday, the last day of the World Economic Forum, which today begins in Davos under the theme “Responsible Leadership and Reactive,” and where, for the first time a chinese president will give an intervention fund. A presence that coincides with a moment of tension between Washington and Beijing because of the comments from Trump about the american position on the policy of “one China”.

The United States recognized the people’s Republic of China, in 1979, as the sole representative of China, maintaining, however, informal relations with Taiwan, which Beijing considers a province of the rogue, and where he took refuge, in 1948, the regime of the Republic of China, led by Chiang Kai-shek. The new president of the USA, for more than once, stated that the policy of “one China” can be revised depends on its continued “negotiations” with Beijing “about several things, among them the international trade”. To 2 December 2016, Trump spoke on the phone with the chairman Tsai Ing-wen, the first time that a president-elect or functions becomes public a contact to be kept with a leader of Taiwan in the past four decades.

a Sign of the importance given to the event, Xi Jinping leads to Switzerland the largest delegation since the country began to be present in 1979. The chinese president will make today’s intervention the inaugural edition of this year. Yesterday, in a meeting with entrepreneurs helvéticos left critical indirect to what is perceived as the orientation of the future Administration Trump. Xi said that “protectionism, populism and the antiglobalization are growing” in the world, “which is not good for a stronger economic cooperation”. The chinese leader assured to be an ongoing “restructuring” of the economy of the country, that it will enter a new phase attractive to swiss companies.

Portugal will be represented by prime minister António Costa, telling the Forum also with the presence of the new UN secretary-general, António Guterres, who will participate in multiple panels.

The possible escalation of tensions between the U.S. and China is only one of the elements of uncertainty in the reality of international economic and political in the moment of turning. In a text of presentation to the themes for the Forum of 2017, the founder of the meetings, Klaus Schwab, noted that “geopolitical changes have made today’s world truly multipolar,” and that, on another plane, the societies have to look forward to “the challenge of restoring global economic growth. A permanently diminished economic growth translates into a permanent level of life down”.The consequences are several, including the growth of populism, underlines Schwab.

Since four years ago, the Forum has identified economic inequality as a central factor of social instability. And to coincide with the meeting of Davos, the NGO Oxfam released a study to show that increasing this inequality. Thus, seven out of ten people live in a country where inequality has worsened in the last three decades and – given revelatory – eight billionaires have, today, fortunes are combined in the amount of 426 billion dollars (about 402 billion euros), equivalent to The sum of income of 3.6 billion poorest people in the world out of a total population of 7.5 billion.

Faced with this reality, Schwab advocates the “reform of market capitalism” and the creation of permanent structures to balance the economic incentives and the social well-being”.