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Business elite waver on China as threat, savior

Business elite waver on China as threat, savior

The Western business elite can't seem to decide whether China is a savior or a threat.
Australia's Foreign Minister Kevin Rudd says "the alternatives should not be conflict or kowtow."
He spoke Saturday at the World Economic Forum, where nearly all the leading Western officials and executives have something to say about the world's new No. 2 economy.
Some are jockeying for greater access to China's markets, some pleaded for China to let its currency rise and allow more political freedoms.
Li Daokui, director of the Center for China in the World Economy, said the West needs a more realistic image of China and its immense challenges.


Updated : 2021-03-04 21:23 GMT+08:00