EU, China advance amid global uncertainty

When President Xi Jinping addresses the world's business and financial elites on Tuesday, he will have an opportunity to demonstrate China's commitment to globalization.

In light of the worrying, uncertain and often contradictory messages emanating from Trump Towers in recent weeks, political and business leaders attending Davos will ask each other just what US president-elect Donald Trump means for global political, economic, security and trade policies.

Trump's questioning of the existing multilateral economic system places a special responsibility on China and the EU. Both share a steadfast commitment to the centrality of the United Nations system, maintaining free trade, upholding the Paris climate change agreement and tackling regional security issues such as the Iran nuclear deal.