After the cancellation of Donald Trump is likely to drag on the year’s world economic forum in Davos, the new Brazilian President, Jair Bolsonaro, the most number of eyes. Brazil is represented in the Davos tradition, and Bolsonaro followed, apparently, a completely different policy than his predecessor. This makes people curious.

Jürgen Dunsch

Freelance writer in the business.

F. A. Z.

The World Economic Forum (WEF) has signed on since 1971, held the year of mountains, in the Grisons, there are always new developments. In 1979, a Delegation from the people’s Republic of China, for example, for the first time to Davos. WEF founder Klaus Schwab was at an early stage become active. Because in the middle Kingdom, a change had to be used. After the death of Mao Tse-tung in September 1976, a staunch reformers, with Deng Xiaoping to Power. Therefore, he decreed the country an economic modernization course, and a foreign policy Opening.

Schwab would have appreciated to be happy, he would have had Deng for participation in Davos. It was not to be. So the appearance of the future world power pale. “No one knew her, and they didn’t know anyone,” recalls a participant from those days. That should change quickly. Since that January, the end of the seventy years of the Chinese in Davos are constantly. In turn, the Forum was held in June 1981, his first event in Beijing. In 1986, a politician by the name of Zhu Rongji led the delegation from China. He was a man with a future, at the turn of the Millennium, he should hold the office of Prime Minister.

While the Euro failed the early warning system

the most, which tracked political developments in the world of Davos, close, rubbed, nevertheless, surprised eyes on the rapid rise of China to the depths of the Mao Era. Schwab paid tribute to the tribute, he later regularly, a “summer Davos” in the people’s Republic of organized. 2017 held, in turn, heads of state and party chief Xi Jinping, the opening speech in Davos, which focused on the commitment to globalization. Who was listening carefully, recognized the limits of the Chinese model. Xi spoke always of the “economic globalization”. This was a thinly-veiled denial of basic political rights, which could endanger the rule of the Communist party in the country. In the meantime, more than ever, comes to the fore.