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World Economic Forumi

The World Economic Forum (WEF) is a Swiss non-profit foundation that is best known for its annual meeting in Davos, an alpine resort. The meeting brings together global business leaders, politicians, intellectuals and journalists to discuss the issues of the day. The gathering is often simply termed “Davos”, a reference to its venue. The WEF also holds the Annual Meeting of the New Champions (AMNC) or “Summer Davos”. The 14th AMNC took place in the northern Chinese port city of Tianjin between June 27 and 29, 2023.

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China needs better policies to support its ‘vibrant, competitive and creative market entities’, said a former senior official with its top economic planner.

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Beijing ‘willing to encourage’ more mainland enterprises to boost investment in neighbour as it calls for ‘fair, just’ business environment.

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High-level comments aim to shore up business and market confidence ahead of the economic-agenda-setting third plenum as foreign firms wait to see whether Beijing follows through.

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China is no longer the top source of US imports, while recent tariff increases on a range of Chinese goods have added to trade tensions between Beijing and Washington.

Zeng is the latest business leader to criticise the cutthroat competition amid mounting worries that constant price reductions are undermining profitability, reputation and even safety in China’s EV industry.

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In a keynote address to the ‘Summer Davos’ forum, Chinese Premier Li Qiang offered a strong critique of Western trade restrictions while also pitching the country as a welcoming place for overseas firms.

Mahmoud Abbas said such an invasion on the Gazan city, which is sheltering more than a million residents, would be ‘the biggest catastrophe in the history of the Palestinian people’.

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Mongolian Prime Minister Luvsannamsrai Oyun-Erdene says interconnectivity is being prioritised to enhance resource trade and investment flows, and his country is ready and waiting for its two neighbours to act.

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Kfir Bibas and his family were kidnapped by Hamas on October 7. In Tel Aviv and as far away as Rome and Berlin, protesters wore orange, inspired by Kfir’s hair, to mark his first year.

Israeli President Isaac Herzog said normalising ties between Israel and Saudi Arabia is a key element of ending the war with Hamas and a game-changer for the entire Middle East.

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Some attendees saying pass Article 23 legislation ‘as quickly as possible’ and then focus on using Hong Kong as platform to capture regional opportunities, Financial Secretary Paul Chan says.

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If Israel can be brought into the fold of the Middle East, Blinken said, the region would be coming together to isolate Iran, which he called “the biggest concern in terms of security”.

In interview at World Economic Forum in Davos, top American diplomat says the two powers are committed to collaborating in areas of ‘mutual interest’ while warning against ‘disruptive’ moves such as ‘use of force’ against Taiwan.

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