Today, the conservative Drudge Report is giving equal space to China's Communist President Xi Jinping. Usually, the digital-only news platform features developments in alt-right ideology and its surging influence.
For the first time, a Chinese government leader will be attending the World Economic Forum in Davos Switzerland. Not only that. He will be the keynote speaker, opening the global pow-wow of movers and shakers this Tuesday. Here is the Yahoo article the Drudge Report links to.
No surprise, he will position and package that with China as the prime mover in it. The speech, media reports have it, depicts China's role as the force creating fresh kinds of regional trade deals. Those are to promote the continuation of globalization.
The message the 3000 elite listening to the speech are supposed to take away is that U.S. global influence is lessening and that of China increasing.
However, hovering over Davos will be the presence of the leader who will not be there. That's president-elect Donald Trump. Neither Trump nor any of tribe will be attending. However, it was his campaign and election which confirmed the power of populism. He will be inaugurated president on January 20th. At last year's summit in Davos, those supposed in the know predicted Trump would lose. Now their brand equity has become tarnished.
Obviously, in play are two cultures.
There are the old-liners who are convinced that free trade and open borders create wealth. And, in a sense, they are on the money. But the wealth has been restricted to a small number of human beings. In the U.S. they are called the 1%.
The other culture is that of the re-emerging right. They see themselves as pawns in a global economy that doesn't reward them fairly. They demand a piece of the economic action, now.
And Trump seems to be delivering on that. Already, companies ranging from IBM to Amazon have promised the creation of huge numbers of jobs in the U.S. Some of those will be here in fly-over country. That is, the Midwest which had lost its hope as the steel and coal industries declined.
Those business executives used to a decent amount of media time and photo-ops may find themselves out of the game. Yes, a star could be born and it could be Xi Jinping.
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