August 2, 2021 Geopolitics of Today

Xi Jinping Urges World to Reject ‘New Cold War’, Tackle COVID-19, Global Crises at WEF 2021 in Davos

The speech comes as nations battle the ongoing coronavirus pandemic and struggle with economic downturns caused by national lockdown restrictions. Reports anticipate a reset in relations with the newly-appointed Biden administration amid the ongoing trade war, it was reported at the event.

© REUTERS / REUTERS

The speech comes as nations battle the ongoing coronavirus pandemic and struggle with economic downturns caused by national lockdown restrictions. Reports anticipate a reset in relations with the newly-appointed Biden administration amid the ongoing trade war, it was reported at the event.

Chinese president Xi Jinping opened the World Economic Forum 2021 in Davos, Switzerland with a keynote speech urging deeper cooperation on the ongoing COVID-19 pandemic and strengthening multilateralism among nations.

The Chinese president said there was a need to balance COVID-19 measures with global economic development as well as for global economies to adjust growth models and improve their structures.

“Guided by science, reason and humanitarian spirit, the world has achieved initial progress in fighting COVID-19. That said, the pandemic is far from over, he said, adding “winter cannot stop the arrival of spring, and darkness can never shroud the light of dawn”.

He also called on countries to abandon “ideological prejudice” and follow a shared path of “peaceful coexistence, mutual benefit, and win-win cooperation.”

“Difference in itself is no cause for alarm. What does ring the alarm is arrogance, prejudice and hatred,” he said.

President Xi urged for global economies to narrow the divide between developing and developed nations, as well as strengthen equality to allow people to benefit from opportunities in economic development.
Xi also called on countries to enhance global public health governance, stating global problems could not be solved by “any one country alone”, adding cooperation with the World Health Organisation (WHO) was crucial to boosting global health.
The World Trade Organisation should also be reformed, he said, adding issues on global affairs should be resolved via consultation.

“To build small circles or start a new Cold War, to reject, threaten or intimidate others, to [wilfully] impose decoupling, supply disruption or sanctions, and to create isolation or estrangement will only push the world into division and even confrontation,” the Chinese president said.

President Xi closed his addressed urging global powers to strengthen cooperation and avoid closed and protectionist approaches to international relations.

“We have been shown time and again that to beggar thy [neighbour], to go it alone, and to slip into arrogant isolation will always fail. Let us all join hands and let multilateralism light our way toward a community with a shared future for mankind,” he said.

The speech is the second keynote address President Xi delivered after speaking at the WEF in 2017.
China’s Rise In An Emerging Global Order
The comments come amid developments in the ongoing coronavirus pandemic, namely after China’s National Bureau of Statistics (NBS) reported last week a 2.3 percent growth rate in 2020, adding strict measures to tackle COVID-19 along with emergency stimulus for businesses helped the nation to recover.
The Chinese economy also grew 6.5 percent last quarter, according to the NBS.
China also inked the $26.2tn Regional Cooperative Economic Partnership (RCEP) and China-EU Cooperative Trade Agreement (CTA), or the world’s largest global and bilateral agreements, respectively, sparking concern in the newly-appointed Biden administration.
The deals are widely seen as a major boost to China’s standing in the global economy amid tensions with Washington in the US-China trade war, which targeted numerous mainland tech firms, including Huawei, ZTE and SMIC, in recent months.
Beijing also announced plans to further expand partnerships in Europe and the Middle East in its 15-member RCEP deal.

By
Tags: in NEWS
Related Posts

Netanyahu’s era ends: Israel’s parliament approved the new government

June 13, 2021

June 13, 2021

Israel’s parliament approved the new coalition government, ousting now ex-Prime Minister Benjamin Netanyahu and sending him into the opposition to...

“We will not deploy weapons in space” Russia-Syria agreement

December 19, 2020

December 19, 2020

The Russian Foreign Ministry said in a statement on Friday that Russia and Syria agreed not to deploy weapons to...

Russian 76th Guards Air Assault Division arrived in Belarus

March 14, 2021

March 14, 2021

Russian army paratroopers arrived in Belarus for the joint exercises, which will be held from March 14 to 27, the press service...

Minister of Foreign Affairs of Ukraine: “Russia is escalating”

April 2, 2021

April 2, 2021

After days of speculation that Russia is sending troops close to the Ukrainian Border, the Minister of Foreign Affairs of...

Egypt suspended normalization talks with Turkey

April 10, 2021

April 10, 2021

Al-Arabiya sources reported on Friday that Egypt has temporarily suspended talks on normalizing relations with Turkey. Al-Arabiya’s article added that Cairo...

BREAKING: TURKISH F-16s VIOLATED AGAIN CYPRIOT AIRSPACE

July 18, 2021

July 18, 2021

Two Turkish F-16s just before 4 p.m., according to the Cyprus News Agency, provocatively violated the Nicosia FIR, near Famagusta &...

NOW: Rocket Barrage from Gaza against Israel | IDF Strike back

May 10, 2021

May 10, 2021

Videos published on Twitter show a rocket barrage that was launched from Gaza towards Jerusalem just to get immediately intercepted...

Two Ukrainian soldiers were killed in Donbass within the last 24 hours

April 7, 2021

April 7, 2021

A Ukrainian soldier was killed amid shelling by Russian mercenaries in Donbass on Tuesday, and another was killed by an explosion. Specifically, the...

ANASTASIADIS TO THE UN: “You are not objective”

July 25, 2021

July 25, 2021

The President of the Republic of Cyprus, Nikos Anastasiadis, among others, spoke about the opening of Famagusta and the “treatment”...

Erdogan slams Biden says the US president’s remarks “not fitting of a president.”

March 19, 2021

March 19, 2021

Turkish President Erdogan has criticized his US counterpart Joe Biden for calling Russian leader Vladimir Putin a “killer” saying that...

US Senate & House Overrided Trump’s NDAA Veto

January 3, 2021

January 3, 2021

US Senate lawmakers voted 81-13 on 1st if January to override President Trump’s veto of the 2021 National Defense Authorization Act...

British threat to Russia: Sends warships to the Black Sea

April 20, 2021

April 20, 2021

The UK informed Turkish authorities that British navy ships will enter the Black Sea via the Bosphorus in May, the...

Saudis Expanding US Military Access to Airfields, Port, to Counter Iran

January 26, 2021

January 26, 2021

<div>The year-old initiative is intended to give CENTCOM “more options” in a fight, general reveals.</div>

UAE develops portable stations to command “Drones” on battlefields

July 29, 2021

July 29, 2021

The UAE owns companies specialized in the defence industries that produce many weapons and combat systems, including drones. Drones have...

“BAYRAKTAR TB2 IS BETTER THAN THE F35” – Norwegian expert

May 2, 2021

May 2, 2021

Norwegian foreign policy expert and member of the Nobel Prize Committee, Asle Toje, stressed the high cost of the F35...