Chinese Premier Li Speaks At WEF

(MNI) London - Chinese Premier Li Qiang is speaking at the World Economic Forum meeting in Davos, Switzerland in one of the most closely-followed addresses at the event. Livestream here. Li: 'Lack of trust is aggravating risks to global growth and development...Essential that we discard prejudice and work as one to reduce trust deficit...World has entered a new period of turbulence and transformation...After all the shifts and changes of the years we should cherish communication and exchange...We should cherish openness and sharing, we should cherish all the more peace and stability."

• Li: 'Its' important to strengthen macroeconomic cooperation...It is crucial that in making macroeconomic policies, countries step up dialogue and cooperation...It is important to keep global supply chains stable and smooth....Industrial supply chains are like the circulatory system of the human body.'
• Li's language focuses on cooperation and building links between countries. Could be seen as a further sign of efforts to improve relations between US and China following the in-person meeting between Presidents Xi and Biden at the end of 2023.
• The Premier talks up 'north-south' and 'south-south' cooperation between developed and emerging markets (north-south) or between emerging markets (south-south), Li: We need to strengthen development cooperation, bridge development gaps.
• Li: 'China has proved to the world, it is a country worthy of trust'.