Chinese President Xi Jinping has called for “an open world economy” in an address to the World Economic Forum, saying that excellence rather than “wrestling” should be driving global prosperity.
- Mr Xi is urging nations to remove trade barriers to create fair competition
- He warns a new Cold War could start after “exclusion, threats and intimidation”
- He says fighting the pandemic is the “most urgent task” facing the world
In a virtual gathering instead of the annual in-person meetings at the Switzerland ski resort of Davos, Mr Xi urged nations to remove all barriers to trade.
“We should build an open world economy … discard discriminatory and exclusionary standards, rules and systems, and take down barriers to trade, investment…