China Challenges World Community to Fix the Financial System

While Chinese President Xi Jinping was not present at this year’s World Economic Forum in Davos, much of the focus of the event was  nevertheless very much on China. The Chinese delegation, which consisted both of Chinese officials and a large business delegation, was headed up by economist Liu He, who, while not so well known, has been the chief economic advisor to President Xi for a good number of years, but was only this year elected to the Political Bureau, the highest body of the Chinese Communist Party. It is generally understood that the major changes in China over the last five…READ MORE

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