President Xi Jinping addresses the audience via video link during the opening ceremony of the third annual World Internet Conference in Wuzhen, Zhejiang province, last November 16. His presence at Davos is set to mark a consecration for China. Photo: Reuters

Davos will mark a crowning moment for Xi’s China, as Europe faces a new world axis

André Loesekrug-Pietri says the first-ever Chinese presidential presence at the World Economic Forum and the marked absence of top European leaders underline the reality of a G2 world

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President Xi Jinping addresses the audience via video link during the opening ceremony of the third annual World Internet Conference in Wuzhen, Zhejiang province, last November 16. His presence at Davos is set to mark a consecration for China. Photo: Reuters
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