London Daily

Focus on the big picture.
Monday, Oct 05, 2026

China's Xi Jinping Warns Of "Catastrophic Consequences" Of Confrontation

China's Xi Jinping Warns Of "Catastrophic Consequences" Of Confrontation

Chinese President Xi Jinping presented himself as the defender of multilateralism and also gave sober warnings for the future in a speech which was streamed online, as relations between major powers plunge
Chinese President Xi Jinping warned on Monday that confrontation between major powers could have "catastrophic consequences" in a speech to world leaders at an all-virtual Davos forum.

For the second year in a row the face-to-face gathering of political and corporate power players in the Swiss Alps has had to go online thanks to a coronavirus pandemic that shows no sign of abating.

Xi opened proceedings with a speech much like the one he delivered virtually last year.

He touted China -- where the coronavirus first emerged in late 2019 -- as a rare pandemic success story and the only major economy to continue posting strong growth.

He presented himself as the defender of multilateralism and also gave sober warnings for the future as relations between major powers plunge.

"Our world today is far from the tranquil, rhetoric that stokes hatred and prejudice abound," he said, according to an official translation of the speech which was streamed online.

"History has proved time and again that confrontation does not solve problems, it only invites catastrophic consequences," he added.

China stuck to a strict policy of targeting zero Covid cases once it stamped out its initial outbreak.

Its borders remain largely closed to outsiders but it has remained the world's vital manufacturing base throughout the pandemic.

In his speech to the World Economic Forum in Davos, Xi said the world had fought a "tenacious battle" against the "once in a century pandemic".

But he said the pandemic was "proving a protracted one" with new variants spreading faster than before, deepening challenges for the global economy.

"The global industrial supply chains have been disrupted," Xi warned. "Commodity prices continue to rise, energy supply remains tight."

He added that China was keen "for people-to-people exchange in a bid to facilitate cross border trade, keep the industrial supply chain secure and smooth, and promote steady and solid progress in global economic recovery".

But there were no announcements in the speech on when or whether Beijing might relax its tight border controls.

China has remained comparatively free of the coronavirus but is currently battling a spate of local outbreaks in multiple provinces and key cities just weeks before it hosts the Winter Olympics in Beijing.

Xi is also moving to secure a third term at a major gathering of the Communist Party this autumn and has made clear stability must remain a priority.
Newsletter

Related Articles

0:00
0:00
Close
BT Accused of Pressuring Vulnerable Customers During Digital Landline Shift
British Carmakers Warn of Growing Pressure From EU-China Tariff Dispute
Green Party of England and Wales Adopts Motion Defining Zionism as Racism
Medical Charity Threatens NHS Legal Action Over Two-Year Autism and ADHD Assessment Waits
British Transport Police Report Record Rise in Violence on Railways
Glasgow Council Workers Face Pay Cuts Under Fire-and-Rehire Plan
British Medical Groups Press Prime Minister Andy Burnham to Cancel £330 Million Palantir NHS Contract
UK Faces Record Bluetongue Outbreak Across Livestock Farms
UK Schools Report Thousands of Child-on-Child Sexual Offences
High Court Overturns Ban Blocking Gaza Families From Reuniting With Relatives in UK
G7 Authorizes Emergency Fuel Release as UK Diesel Prices Hit £2 a Litre
France and Italy Draw 1-1 in Nations League Match
Pope Leo XIV and Prince Albert II of Monaco Meet in Metz
SNCF Expands Low-Cost Ouigo High-Speed Service Between Lyon and Bordeaux
Paris Expands Dedicated Cargo Bike Routes for Urban Deliveries
French Film Industry Pushes for Tighter Streaming Investment Rules
Marseille Court Hands Down Prison Terms in Public Procurement Corruption Case
LVMH and Kering Rely on US Demand as Chinese Luxury Spending Slows
Toulouse Aerospace Sector Launches €80 Million Modernization Fund
Javier Milei Courts French Investment in LNG and Lithium
Mistral AI Launches Sovereign Model for European Public Services
French Competition Authority Fines Retailers €40 Million Over Misleading Promotions
France Records Exceptional Electricity Exports as Nuclear Output Recovers
Dassault Aviation Expands Rafale Assembly Capacity at Mérignac
Sanofi Invests €1 Billion in New Biologics Production Hub Near Lyon
France Protests Germany’s Extension of Border Controls Into 2027
French Public-Sector and Transport Unions Threaten National Strike
France Deploys Riot Police After Violence in Lyon Suburbs
French Anti-Terrorism Prosecutors Investigate Radicalized Flydubai Co-Pilot
France’s Defense Budget Surpasses NATO’s 2% of GDP Target
French Government Faces No-Confidence Threat Over Budget
France and G7 Release 100 Million Barrels From Strategic Oil Reserves
France Convenes Emergency Defense Council Over Threats to Commercial Shipping
France and Germany Coordinate Military Response After Russian Strikes on Kyiv Infrastructure
UK Police Release Six Iranian Nationals on Bail After RAF Fairford Security Alert
UK Business Confidence Falls as Energy Costs and Tax Uncertainty Rise
Cornwall Insight Warns UK Energy Bills Could Rise 16% in January
UK Introduces Zero VAT on Household Electricity Bills
UK 30-Year Gilt Yield Hits 6% as Bond Market Pressures Intensify
UK Introduces Stricter Subcontractor Checks and Expanded Trade Union Access
Green Party Proposes Three-Year Emergency Freeze on Private Rent Increases
UK Treasury Committee Seeks Tax Clarification Over Manchester City Investigation
Royal Marines Deploy to Faroe Islands for Northern European Security Exercise
UK Business Confidence Weakens as High Costs Delay Investment
UK GDP Growth Revised Up to 0.5% in Second Quarter
Bank of England Warns of Financial Stability Risks From Autonomous AI
UK Expands Early Prisoner Release Scheme to Ease Overcrowding
UK Records Worst Bluetongue Outbreak on Record Across Livestock Farms
UK Government Faces Shrinking Fiscal Headroom Ahead of October 28 Budget
UK 30-Year Gilt Yield Reaches 6% as Energy Shock Drives Borrowing Costs Higher
×