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1/27/21

New Cold War ? Xi of China warns Davos forum against 'new Cold War' - by Eve Szeftel

Chinese President Xi Jinping warned global leaders at an all-virtual Davos forum Monday against starting a "new Cold War" while he championed multilateralism. Representing the only major economy to record economic growth last year, Xi presented himself as the defender of multilateralism, as he did at the same forum four years ago when Donald Trump was about to assume the United States presidency.

Without naming the US, Xi seemed to have a message for Trump's successor Joe Biden, who entered the White House just a few days ago, but who is not addressing the annual World Economic Forum (WEF).

To build small cliques or start a new Cold War, to reject, threaten or intimidate others... will only push the world into division," Xi told the world's political and economic elite as the Biden administration plans to revitalize global alliances to counter China's growing influence.

Note EU-Digest: Cold war = weapons industry profits - hopefully we in the West don't go on that dangerous route again.

Read more at: Xi warns Davos forum against 'new Cold War' - Business - The Jakarta Post

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