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China’s ‘Summer Davos’ offers rare respite from trade war

Officials emphasise ‘openness and fairness’ as Beijing presents itself as a stabilising force in the world

As he took the stage to open the World Economic Forum in Tianjin this week, China’s second-in-command Li Qiang drew a direct comparison to the first such event in the city during the global financial crisis of 2008.

“People felt disoriented and anxious, not knowing whether the world economy could emerge from the difficult situation and where it was heading,” the Chinese premier said.

“History often rhymes,” he added.

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