London Daily

Focus on the big picture.
Monday, Aug 10, 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
Alleged Cartel Boss Daniel Kinahan Extradited From Dubai to Face Criminal Charges
AI Chatbots Challenge Traditional News Consumption and Raise Job Concerns
Andy Burnham Government Promises Crackdown on Exploitative Business Practices
UK University Funding Model Faces Growing Pressure From Unsustainable Student Debt
Government Urged to Subsidise Energy Bills for Vulnerable UK Households
UK Military Spending Plans Threaten to Deepen Infrastructure Funding Gap
Israeli Government Rejects US Peace Framework for Gaza
New Labour Government Signals Closer Economic and Strategic Ties With European Union
Amber Heat-Health Alerts Issued Across England as Temperatures Threaten 36 Degrees
UK Economy Expected to Grow Despite Energy and Supply Chain Shock From Iran Conflict
Foreign Social Media Accounts Drove Disinformation During Belfast and Southampton Riots
Record Number of Migrants Cross English Channel in Single Vessel as Smugglers Deploy Mega-Dinghies
Russia’s A7 Builds a State-Linked Payments Network Beyond Western Sanctions
Reports of Mark Zuckerberg-Linked Superyacht Declining Rescue Assistance Draw Maritime Scrutiny
Preserving Three Banksy Artworks in London Has Cost Taxpayers Nearly £150,000
Four Ugandan Athletes Disappear From Delegation After UK Sporting Events
French Authorities Report Channel Interventions as Cross-Border Migration Dispute Continues
Home Office Admits Error in Settled Status Case Involving Long-Term Italian Resident
Unite Calls for Independent Review of UK Budget Watchdog's Fiscal Forecasting Rules
Thinktank Calls for £175 Annual Energy Bill Cut for Low-Income Households
Foreign-Linked Social Media Accounts Amplified Recent Unrest in Belfast and Southampton, Analysis Finds
London Mayor Sadiq Khan Orders Westminster to Drop Proposed Soho and West End Hospitality Ban
Royal Navy Deployments to Monitor Russian Activity in UK Waters Rise 25 Percent
UK Economy Expected to Grow 0.4 Percent in Second Quarter Despite Geopolitical Pressures
Andy Burnham Launches Cost-of-Living Measures Targeting Subscription Traps and Misleading Discounts
Hyper-Realistic Reborn Dolls Draw Collectors Seeking Comfort and Craft
Gen Z Cuts Back on Dating as a Night Out Nears $200
Patients Turn to Artificial Intelligence for Therapy as Psychiatrists Warn of Privacy and Clinical Risks
Couples Embrace ‘Sleep Divorce’ to Protect Rest and Reduce Tension
Meta Ordered to Pay $567 Million and Change Facebook and Instagram Safeguards for Children
Up to only 10 Months in Prison for Swedish Officer’s Murderer Sparks Anger
Success: Nvidia Turned Gaming Chips Into the Engine of the AI Boom
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Advertising trick: Pepsi’s Harrier Jet Commercial Led to a $700,000 Court Fight
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Danube Drought Exposes Nazi Wrecks and Pushes Central Europe’s Power System to the Brink
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Air Traffic Control Outage Grounded Flights Across the Midwest
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Partial Solar Eclipse Expected to Draw Interest Across Southwestern UK
UK Graduate Job Postings Fall 7% as Entry-Level Opportunities Remain Scarce
UK Private Sector Returns to Growth as July Activity Reaches Highest Level Since April
UK Summer Drought and Wildfires Raise Pressure for Stronger Environmental Measures
UK Household Credit Stress Rises as Credit Card Lending Growth Hits 12.5%
London Stock Exchange Revises AIM Rules to Make Growth Capital More Accessible
NHS England to Expand Mental Health Services With 155 New and Upgraded Facilities
UK Overhauls £90 Billion Public Procurement System to Reward Domestic Jobs and Apprenticeships
Andy Burnham Holds Strong Approval as Labour Maintains Narrow Lead Over Reform UK, Opinium Finds
×