WION Global Summit News
WION Global Summit on "Decoding China" today dissected China's new helmsman Xi Jinping with thought leaders across the world. It's more than a coincidence that China has resorted to military action in the Galwan Valley even as the coronavirus which originated in Wuhan has ravaged the planet. China has refuted all allegations, saying all it wants is to "maintain peace" and help other nations in trying times.
As China embarks on its economic expansion plan, WION Global Summit: Decoding China, explored the country's great wall of debt and its increasing economic stagnation. "China's reform plans have stalled for the past five to six years, and it will not be able to grow its middle class," said Dexter Roberts. Dexter Roberts added that China will no longer be the global growth driver.
WION's Global Summit on "Decoding China" today explored the prospect of China's superpower dreams powered by technology with thought leaders. Experts observed that 5G technology has resulted in a race between China and the US. The nation that leads in 5G deployment could gain an edge in rolling out future technologies.