Chinese Vice Premier He Lifeng stepped up a defense of his country¡¯s economic track record, dangling the prospect of greater access to its domestic market to reduce imbalances in trade.
He, the nation¡¯s economic czar and top trade negotiator, used an address to international business and political leaders at the World Economic Forum in Davos on Tuesday to try to allay fears over the deluge of exports from the world¡¯s biggest manufacturing nation.
China, which ran a record $1.2 trillion trade surplus last year, see itself as a commercial ¡°partner, not a rival for other countries,¡± He said.
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