China’s Premier Li Keqiang to Attend WEF in Davos

In a rarity for Chinese leaders, Premier Li Keqiang will attend the annual meeting of the World Economic Forum (WEF) in Davos later this week, joining 40 other heads of state and government including François Hollande and Angela Merkel.

This is the first time a Chinese leader is attending WEF Davos in five years, according to state-run Xinhua news agency. Li last attended the annual meeting as a vice premier in 2010.

“The [Chinese] new president is sufficiently well-established now, so it’s appropriate for the prime minister to attend a gathering that sets the agenda for the business year – a year in which the fall in oil prices and the slowing of growth create great uncertainties,” Colin Chapman, founder and editor-in-chief of think-tank Australian and ASEAN Strategies, told CNBC.

CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.