Subject: interesting snippets from Andy Xie on IMF
Conference
I participated in the panels on commodity and China-India and in
some
obligatory dinner parties. On Friday night, the Singapore PM
invited the
speakers at the meetings that Singapore government organized.
Trichet,
Larry Summers, Paul Volker, Chuck Price, the finance ministers of
ASEAN
countries were there. No government official from China was there.
I guess
I was there to make it look like China was represented. The dinner
was
turned into an Oprah with PM Lee Hsein Long at the center.
The topic was on the future of globalization. People fawned him
like a
prince. Of course, he is. There are two reigning royalties in the
world
that the Davos crowd kiss up to, Jordan and Singapore. The Davos
crowd are
Repulican on economic issues and Democratic on so