China’s president has launched a robust defence of globalisation and free trade, drawing a line between himself and Donald Trump just three days before the US president-elect’s inaugural address in Washington.
“The problems troubling the world are not caused by globalisation,” Xi Jinping said at the World Economic Forum in Davos. “They are not the inevitable outcome of globalisation.”
The spectacle of a Chinese Communist party leader in the spiritual home of capitalism defending the liberal economic order against the dangers of protectionism from a new US president has underscored the upheaval in global affairs brought about by the election of Mr Trump.
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