LIKE & FOLLOW US

Xi Warns Biden & Globe Against ‘New Cold War’ In Davos Opener As Pundits Tout “Great Reset”

Share this!

From Zero Hedge:
Xi Warns Biden & Globe Against ‘New Cold War’ In Davos Opener As Pundits Tout “Great Reset”

Speaking virtually on the first day of Davos’ World Economic Forum on Monday, Chinese President Xi Jinping gave his first major public address since Joe Biden entered the White House, tailoring his message toward calming tensions among global rivals and urging a return to “mutual respond” but also emphasizing Beijing is ready to forge its own path regardless. 

Underscoring that nations must “abandon ideological prejudice” and immediately abandon a dangerous “Cold-War mentality” he called on world powers to “stay committed to international law and international rules instead of staying committed to supremacy.”

“Difference in itself is no cause for alarm, what does bring alarm is arrogance, prejudice and hatred,” Xi told the Davos Agenda event, following four years of the Trump administration’s anti-China policies which brought Sino-US relations to their lowest point in decades. “Confrontation will lead us to a dead end.” It should be noted that there’s previously little doubt that Davos attendees pretty much despised Trump, and now this year Xi of China’s Communist Party is opening the Davos agenda.

Via Bankok Post

“To build small circles and start a new Cold War, to reject, threaten or intimate others, to willfully impose decoupling, supply disruptions, or sanctions, or to create isolation or estrangement, will only push the world into division and even confrontation,” he said.

Recall this is similar language to his “warnings” of rising anti-globalization and protectionism during his prior 2017 Davos speech, where he said, “Pursuing protectionism is like locking oneself in a dark room. While wind and rain may be kept outside, that dark room will also block light and air. No one will emerge as a winner in a trade war.”

Except now the world has been ravaged by the continuing slow burn of the global pandemic, which originated in Wuhan, China last yearmaking the Davos Agenda 2021 a dubiously hoped-for ‘great reset’ year, as Rabobank quips sarcastically: 

Today kicks off the annual World Economic Forum, which this time round is online and so can’t charge anyone $43 for a hotdog. Expect various iterations along the theme of  “Builders’ Bums Better” from the talking heads as the ‘Great Reset’ slash ‘Great Reflation’ is dangled before markets.    

“We’re going through the worst recession since the end of World War II. For the first time in history economies of all regions have been hit hard at the same time…” Xi said

Despite the trillions of dollars in relief packages worldwide, global recovery is rather shaky and the outlook remains uncertain… Macroeconomic policy support should be stepped up to bring the world economy out of the woods as early as possible,” the Chinese president added.

Chinese diplomats along with Western pundits alike have been optimistically touting the “great reset” to be laid out at the World Economic Forum this year…

* * *

Here’s the full virtual address below:

Tyler Durden
Mon, 01/25/2021 – 09:08
Read More

****DISCLAIMER****

This article was aggregated by Artificial Intelligence and this content does not necessarily reflect the opinions of Counter Globalist News. We do not own this content. Counter Globalist News is aggregating this article under fair use law for news and commentary purposes on social media networks. All aggregated content is automatically deleted from this site after 14 days. Please bookmark the source or archrive this page if you wish to reference it in the future.

LIKE & FOLLOW US

0 0 vote
Article Rating

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments

Be First to Know!

Join Our Other 2,617 Happy Newsletter Subscribers!


No, thanks!

0
Would love your thoughts, please comment.x
()
x
%d bloggers like this: