For the first time, I am a participant at the World Economic Forum. Klaus Schwab, Founder of the WEF wanted to create a "Summer Davos" recognizing that a new class of leaders and innovators have emerged who are reshaping business and transforming society. The centre of business gravity is clearly moving east. Dalian,  a beautiful coastal city in Northeast China, was chosen to host this Inaugural Annual Meeting of the New Champions as both  and continue to demonstrate the dynamism and potential of growth. 

Dalian is such strong growing Chinese cities, I have not known before the meeting. Population of 6,2m massively growing since the late 90s for IT Outsourcing and Business Process Outsourcing.

Some soundbites and and insights from the Meetings:

" China is continuing to growth strongly and wants world peace". But with no word Premier Wen Jiabao is mentioning global warming.

"The top leaders in china consume first thing the morning the top ten blogs" (bottom up media), by David Kirkpatrick

Consumer impact on GDP: 72% of Amirca’s GDP is in consumer demand. It is not supported by income, but rather by equity from over-valued assets, such as property. This has come into focus with the recent sub-prime crisis.  China is slightly different with 35% like the average says Stephen Roach, Chairman, Morgan Stanley, Asia

China Mobile is adding 5 million new subscribers every month says Wang Jianzhou, Chairman and CEO, China Mobile Communications Corporation.

Subprime crisis is likely to lead to more protectionism by Amirca says Kevan V. Watts, Vice-Chairman, Merrill Lynch & Co

From the Web2.0 world many participants are here: David Siffry, Martin Varsavsky, Tariq Krim, Marko Ahtisaari, Rodrigo Sepulveda and many more.