US businesses shy about attendance at China’s Davos

Spy balloons over the American Midwest, warnings from Beijing of a clash if Washington “doesn’t hit the brakes” and intense congressional scrutiny of investment in China — there could hardly be a less auspicious time for US business to attend Beijing’s flagship investment conference. But this weekend, former secretary of state Henry Kissinger, investor Ray […]

Beijing’s top economic adviser tells Davos CEOs ‘China is back’

China’s vice-premier Liu He privately met a group of top corporate executives in Davos to tell them that the world’s second-largest economy is back, in an effort to rekindle economic ties damaged by the pandemic and tensions with the US. Executives at the lunch said Liu’s message had fuelled renewed optimism about the prospects for […]