Exactly two years ago, in his first appearance before the World Economic Forum in Davos, China's President Xi Jinping created a global splash when he presented himself as "Mr. Global Responsibility" in his strong defense of economic globalization (jtim.es/g8Bo30no440).
As Xi emphasized then, "economic globalization has created new problems. But this is no justification to write off economic globalization altogether. Rather we should adapt to and guide globalization, cushion its negative impact, and deliver its benefits to all countries and all nations," he declared suavely.
As he added then, "the global economy is the big ocean you cannot escape from" and China, said Xi, had "learned how to swim."
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