China keeps low profile in Davos in pursuit of Western investment

China's low-key approach in Davos this year could not have been more different to that of the United States, with some business leaders saying Beijing stands to benefit from the Trump administration's clash with Europe over Greenland.



Yet many challenges and implementation obstacles lie ahead for China if it is to become a trusted partner for the European Union as the 27-member bloc tries to reduce its U.S. reliance.



China is seen "controlling the dynamic through stillness", a senior global business leader told Reuters, a reference to a move from The Art of War, where you wait patiently for your enemy to exhaust themselves on the battlefield.



Beijing sent Vice-Premier He Lifeng to this year's World Economic Forum annual meeting in the Swiss mountain resort.



His speech, which was brief compared with U.S. President Donald Trump's address to the meeting, underscored China’s willingness to buy more goods and services from foreign companies, rather than seeking a trade surplus.