This year, Chinese President Xi Jinping took center stage at the World Economic Forum gathering in Davos, Switzerland, deriding protectionism’s perils as China seeks to bolster its role in the world economy. Xi made no direct reference to Trump, but his message challenged the anti-globalization stance that helped bring the U.S. president-elect to power. “No one will emerge as a winner in a trade war,” Xi said. — Chinese President Xi JinpingFew predicted such shifts that last snowy January, and anxiety coursed through meetings and seminars at this year’s event — which runs through Jan. 20, Trump’s inauguration day. Xi asked leaders not to abandon the principles that have fueled economic growth for decades, including China’s own development.

Source: Los Angeles Times January 17, 2017 16:31 UTC