“We have to give up the Cold War mentality and strive for peaceful coexistence,” said the President on Monday in a speech at the start of the online meeting of the Swiss World Economic Forum WEF. “History has shown time and time again that confrontation does not solve problems, but rather provokes catastrophic consequences.”
He generally warned against protectionism, unilateralism and power politics, with which China mostly targets the US. Xi Jinping also opposed “exclusive small circles” or bloc politics that polarized the world. His comments could be seen as an indication of the alliances new US President Joe Biden is forging with allies in Europe and Asia to jointly counter challenges posed by China.
Without naming the United States, China’s president also criticized China’s policy of expanding the concept of national security to halt other countries’ economic and technological progress. An ideological antagonism is fueled.
Economic, scientific and technological issues are also being politicized or weaponized, Xi Jinping said, severely undermining the world’s efforts to address common challenges. He called for “genuine multilateralism”.
In dealing with the economic crisis caused by the pandemic, Xi Jinping warned the major economic powers not to “slam on the brakes or reverse monetary policy”. “There will be serious negative side effects.”
The developing countries would bear the brunt while they had to deal with the corona pandemic, China’s President said at the online meeting called “The Davos Agenda”.