Chinese Premier Li Keqiang delivered an address resoundingly touting the benefits of globalization during the first day of the World Economic Forum’s “Summer Davos” event in Dalian, China.
During the speech, Li heralded globalization, saying that “it is bringing benefits to all countries,” although he acknowledged that countries may also face challenges along the way.
While positioning China as a global leader, the premier also reiterated his country’s commitment to addressing climate change — a reaffirmation which comes in the wake of the U.S. announcing its departure from the global Paris Agreement on the issue.
This article 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 Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.