Michael Bloomberg launches China-linked rival to Davos gathering

May, 2018

https://www.ft.com/content/6f50198e-5793-11e8-bdb7-f6677d2e1ce8

New Economy Forum focuses on emerging world order in challenge to WEF

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https://www.ft.com/content/6f50198e-5793-11e8-bdb7-f6677d2e1ce8

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https://www.ft.com/content/6f50198e-5793-11e8-bdb7-f6677d2e1ce8

The financial data billionaire has enlisted two long-term China watchers, former US secretary of state Henry Kissinger and ex-US Treasury secretary Hank Paulson, to design the New Economy Forum. They have partnered with the China Center for International Economic Exchanges, a self-described “think-tank with Chinese characteristics”, which is overseen by the central planning ministry and led by Zeng Peiyan, a former vice-premier. The forum will hold its first two-day meeting in Beijing in November.

Mr Bloomberg, who studied a possible presidential run in 2016, has advanced his positions on issues from climate change to gun control through a variety of channels, from his Bloomberg Philanthropies charity to the Bloomberg Global Business Forum, which replaced the Clinton Global Initiative’s annual event in New York during the UN General Assembly.