Highlights of the Annual Meeting of the New Champions 2016
From fintech to fine particle air pollution, from the British referendum to the South China Sea, all the big topics in current affairs had an airing at this year's World Economic Forum in China. Here are the best bits.
It began and ended with Brexit
Is Brexit the beginning of the backlash against globalization? Yes, say Nouriel Roubini and Turkey's Deputy Prime Minister Mehmet Simsek.
Not everyone agrees:
Plenty of public figures came out to voice a less doomy view of Britain's vote to leave the European Union. Premier Li Keqiang said China would continue to be a friend to both the UK and EU.
You can watch a translated version of his Brexit remarks here:
Such was the sustained interest in Brexit over the three days of the meeting that a second press briefing was held.
Britain's regret over its decision hung heavy in the air. New York University Professor Nouriel Roubini summed it up: "After asking for a divorce I would say that I wanted to patch up," he said.
The Forum's Philip Rosler agreed:
Ian Bremmer doesn't think we should be afraid, but in terms of seismic events, he does put it in the same category as the US reaction to 9/11 and the recent financial crisis.
"You are talking about the diminishment of the most important alliance in the post-war order, the transatlantic relationship, which was already before Brexit at its weakest since World War Two," he adds.
From turmoil in Europe to consternation over China's economic growth slowdown, Premier Li Keqiang addressed fears over the Chinese economy in his opening plenary speech.
His message was optimistic. “We have maintained stable economic growth and continue to lead the world’s major economies in growth speed," he said.
New Silk Road
Economic and geopolitical optimism abounded in discussions about China's revamped New Silk Road trade route.
"Every step towards the One Belt, One Road initiative is a step towards stability," said Eurasia Group's Ian Bremmer.
Jin Liquin, President of the Asian Infrastructure Investment Bank agreed the project was a positive move for China and Asia, but funding from the AIDB would not be unconditional. "Before we spend shareholders' money, which is really the taxpayers' money, we have three requirements."
This tweet lays them out:
China's air pollution was a hot topic
The country has been quick to embrace renewable energy. It spends more on clean power than any other country on the planet. More, in fact, than the US and EU combined (even when you include the UK).
So, when will China get its blue skies back?
The Fourth Industrial Revolution
Other highlights included an interview with the Forum's founder and executive chairman Klaus Schwab on the meaning of the theme of the meeting -- The Fourth Industrial Revolution and its Transformational Impact.
"I believe there are three key ingredients that set the Fourth Industrial Revolution apart from other shifts in human history. These are velocity, scope and impact," he says.
Is this the end of cars?
An interview with Uber founder Travis Kalanick, one of the co-chairs of our meeting in China, yielded some interesting insights on disruptive innovation . When asked if anyone would still be driving cars in 10 years' time, he had this to say:
Jeremy Lin: Humility is the greatest strength
NBA player Jeremy Lin described in a one-on-one interview how being humble had helped him in ultra-competitive sports and in life.
The Annual Meeting of the New Champions 2016 has drawn to a close, but you can keep exploring all of the #AMNC themes on our website, Agenda .
SOURCE: World Economic Forum