NEW YORK, January 16. /TASS/. None of business representatives from Russia and China would be in attendance at the 2023 World Economic Forum in Davos, which kicks off on Monday, the American business news agency Bloomberg reported.

According to the agency, "There are roughly 116 billionaires registered to attend this year’s event, 40% more than a decade ago. In addition to the absent Russians, there are none from China this year…"

"India, a consistently big presence in Davos in prior years, has 13 billionaires attending, including coal magnate-turned-diversified industrialist Gautam Adani, whose wealth soared by $44 billion last year," the agency reported.

"Americans, as usual, form the largest group, with 33 billionaires set to attend, including corporate titans who skipped last year’s event…," Bloomberg reported adding that 18 European billionaires had been registered to attend the World Economic Forum.

The 2023 World Economic Forum is hosted by Switzerland’s Davos between January 16 and 20.