Summary
At the Davos summit, China is presenting itself as a stable global partner amid concerns about U.S. policies under President Donald Trump. China's Vice-Premier emphasized China's commitment to global prosperity through trade and multilateral cooperation. Some experts believe China could gain influence due to U.S policy changes.
Key Facts
- President Donald Trump made several announcements at the Davos summit that caused concerns among U.S. allies.
- Trump stated he would not use force to annex Greenland or impose tariffs on opposing countries.
- French President Emmanuel Macron and Canadian Prime Minister Mark Carney criticized the U.S. for straying from traditional alliances.
- China is showcasing itself as a consistent and reliable global power in contrast to the U.S.
- China's Vice-Premier, He Lifeng, spoke about China's goal of fostering prosperity and rejecting trade surpluses.
- China had a record trade surplus, which worries some trading partners.
- China has recently signed agreements to improve relations with countries closely aligned with the U.S.
- The United Kingdom approved the construction of a new Chinese embassy in London.
