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Xi Jinping may be preaching trade, but China's opening up has slowed

On Tuesday Chinese President became the first Chinese leader to attend a meet of the WEF

Xi Jinping
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Chinese President Xi Jinping attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland (Photo: Reuters)

James Laurenceson | The Conversation

When it comes to offering global economic leadership, the divergence in narrative and optics coming from the US and China could hardly be starker.

On Tuesday Chinese President Xi Jinping became the first Chinese leader to attend a meet of the World Economic Forum (WEF), where he also delivered a keynote address warning against protectionism. Accompanying him were the heavyweights of China’s now huge private sector, including Wang Jianlin, China’s richest person and chairman of property developer Dalian Wanda, and Jack Ma, boss of internet and e-commerce giant, Alibaba.

President-elect Trump, meanwhile, did