China's Premier Addresses Economic Growth and Western Division at Summer Davos.

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Source: The Washington Post
China's Premier Addresses Economic Growth and Western Division at Summer Davos.
Photo: The Washington Post
TL;DR Summary

Chinese Premier Li Qiang accused Western nations, particularly the US, of "sowing division and confrontation" and politicizing economic issues at the World Economic Forum's Annual Meeting of the New Champions in Tianjin. He criticized the strategy of de-risking and urged governments not to stretch the concept of risk to turn it into an ideological tool. Li sought to restore confidence in the Chinese economy, which is struggling to recover due to weak consumer spending, slow property sales, and rising unemployment.

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