Image Credits - AFP
Chinese Premier Li Qiang addressed global political and business leaders at the World Economic Forum in Davos, expressing his concern over discriminatory trade barriers that pose a threat to the global economy. While Li did not specify the name of any country, recent trade tensions between China, the United States, and the European Union, particularly in high-tech and clean energy sectors, were implied.
The U.S. defended its restrictions on microchips, citing national security reasons, with White House National Security Advisor Jake Sullivan clarifying that these measures were not aimed at technology blockade but preventing strategic rivals from exploiting US technology to undermine national security.
Li’s remarks coincided with the presence of Ukrainian President Volodymyr Zelenskyy at the forum, who used the opportunity to condemn Russian President Vladimir Putin as a “predator.” U.S. Secretary of State Antony Blinken reaffirmed the commitment to sustain support for Ukraine, while European Union leaders plan to hold talks on a €50 billion aid package for Ukraine.
Artificial intelligence (AI) emerged as a dominant theme at Davos, with discussions revolving around its rapid advancements and associated risks. Li emphasized the need to draw a “red line” in AI development to ensure societal benefits and avoid concentration within a small group. He called for good governance and cautioned against camp-based division or confrontation over AI. European Commission president Ursula von der Leyen urged Europe to enhance its role in AI and demonstrate responsible use.
While the World Economic Forum addressed global risks, including conflicts in Ukraine and Gaza, climate change, and the rise of AI, the focus on trade barriers and AI underscores the critical intersections between technology, geopolitics, and economic stability on the global stage. As the world grapples with these challenges, leaders emphasize the need for responsible governance, international cooperation, and sustained support for nations facing conflicts and economic uncertainties.