Paris, France
Chinese President Xi Jinping warned on Monday of the danger of a “new cold war” and called for multilateralism at the inauguration World Economic Forum, which this year left the snow of Davos in Switzerland and takes place in videoconference format.
Without naming the United States, Xi emerged as an advocate of multilateralism and globalization, as he had already done in the same forum four years ago, just before Donald Trump came to power.
His newly installed successor, Democrat Joe Biden, does not attend this annual meeting of the world’s political and economic elite, which usually takes place in the Swiss ski resort of Davos.
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“Create clans or start a the new Cold War, rejecting, threatening or intimidating others will only lead the world to division “, he warned Xi Jinping.
And this when he expects the Biden administration to turn its policy in the face of China’s political and technological rise.
Donald Trump had opted for open confrontations and verbal attacks, with no tangible results, at least because it affects the huge US trade deficit with China.
Later, ECB President Christine Lagarde will discuss with French Finance Minister Bruno Le Maire, his German counterpart Peter Altmaier and Goldman Sachs CEO how to “restore economic growth”.
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Growth along with pandemic, is the central question that will be addressed by officials, businessmen and scientists who participate this week in the numerous virtual round tables.
The optimism that prevailed in November, when vaccines became a reality, was destroyed by new restrictions, the spread of coronavirus variants and delays in the delivery of the precious drug.