Paris, France
Chinese President Xi Jinping on Monday warned of the danger of a “new Cold War” and called for multilateralism in the inauguration of the World Economic Forum, which this year left the snow of Davos in Switzerland and is being held in video conference format.
Without mentioning the United States, Xi emerged as a defender of multilateralism and globalization, as he had done in the same forum four years ago, just before Donald Trump came to power.
His newly installed successor, Democrat Joe Biden, is not attending this annual gathering of the world’s political and economic elite, which is usually held in the Swiss ski resort of Davos.
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Create clans or start one new Cold WarRejecting, threatening or intimidating others will only divide the world, ”he warned Xi Jinping.
And this when the Biden government is expected to reverse its policy in the face of China’s political and technological rise.
Donald Trump had opted for open confrontation and verbal assaults, with no tangible results, at least because it affects the US’s massive trade deficit with China.
Later, ECB President Christine Lagarde will discuss with French Finance Minister Bruno Le Maire, his German counterpart Peter Altmaier and the CEO of Goldman Sachs how to “restore economic growth”.
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Grow along with pandemic, is the central question answered by officials, business people and scientists participating in the many virtual round tables this week.
The optimism that prevailed in November, when vaccines became a reality, was undermined by new restrictions, the spread of variants of the coronavirus and delays in the delivery of the costly drug.