Wyn Thomas - Axys Investment Management

Weekly Market Update 20th January 2017

PRESIDENT XI JINPING STEALS THE SHOW

This week the World Economic Forum in Davos provided some refreshingly original news. While Trump and Brexit were still firmly on the agenda, one of the key events was the address by Chinese president Xi Jinping – the first by a Chinese leader at the summit. While a speech at the conference is a small fry in the grand scheme of things, the fact that he was championing the causes of free trade and climate change suggests China sees an opportunity to step up and assume the mantle of global leader. A wholly unexpected and monumental shift. Read More…..