China's Xi raps U.S., says "new Cold War" would hurt global economy

Politics Economy Society

Chinese President Xi Jinping on Tuesday took a jab at a U.S. attempt to dilute the regional and global influence of the Asian power, emphasizing a "new Cold War" would hurt the interests of the world economy. An artificial construction of "walls" runs counter to economic and market rules and "would disadvantage others," Xi said in a keynote speech online at the Boao Forum for Asia, billed as the region's alternative to the World Economic Forum in Davos. Xi said China will "actively" participate in multilateral cooperation in the business field and contribute to building a "new higher-level ope...

Kyodo News

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