The economies of Asia, Europe and North America have relied heavily on two years of government stimuli to weather the global economic crisis. While the EU and US struggle to avert a crash, China aims to ease its rise. We have reached a peak in uncertainty over the Euro, US dollar and Yuan currency markets. Investors, seeking control and stability, are increasingly turning toward sustainable options to meet their long-term strategies.
This month Tianjin welcomes a thousand such CEOs and decision-makers from institutions around the world to the summer session of the World Economic Forum. The Annual Meeting of the New Champions invites participants whose organizations have experienced remarkably rapid growth over the past two years while demonstrating responsible leadership in their industries. Their goal: to drive the sustainability vital for global, national and business competitiveness in the 21st century.
The current socioeconomic issues that most concern investors in and residents of China involve clean and green economic and technological development (see WEF Dialogues), currency revaluation (Economy column), changes to foreign direct investment policies (Economy, Legal Assistance), the accelerating costs of land and property (Real Estate) and health care challenges (Last Word).
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