China premier said to be planning Davos trip to assuage concern over slowing economy
Gathering offers a platform to reassure international decision-makers that China is still open for business
Hong Kong
CHINA is planning to send its highest-level delegation to the annual Alpine confabulation of business, social and political leaders in Davos since the global recession of 2009.
With its growth slowing and foreign business groups criticising China for discrimination against non-Chinese companies, the gathering in Switzerland offers a platform to reassure international decision-makers that the world's second largest economy is still open for business.
China's contingent will be led by Premier Li Keqiang, according to people with knowledge of the planning, who asked not to be named as the trip has not been made public. Former premier Wen Jiabao went in 2009, weeks after unveiling a US$586 billion stimulus to support what wa…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sunak says UK to raise defence spending amid global threats
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers
Bankers lose hope of London IPO revival for another year