China coming ‘closer’ to US as ‘global power’, European ex-leader says

AI Summary
Former European Commission President Jose Manuel Durao Barroso stated this week that China is increasingly approaching the United States in overall global power, including economic strength. Speaking at the Asian Financial Forum in Hong Kong, Durao Barroso acknowledged the U.S. remains a dominant global power, particularly in technology and finance, but emphasized China's recent gains. He highlighted China's economic growth and diplomatic successes as key factors contributing to its rise. Durao Barroso characterized the current international landscape as volatile and marked by increased competition among major powers, referencing global reactions to U.S. trade policies. The annual Hong Kong forum was expected to draw 3,600 attendees.
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