Chinese President Xi Jinping warns against 'new Cold War' in Davos speech, calls for 'open world economy'

ADVERTISEMENT target=’_blank’ > Chinese President Xi Jinping has called for "an open world economy" in an address to the World Economic Forum, saying that excellence rather than "wrestling" should be driving global prosperity. Key points: Mr Xi is urging nations to remove trade barriers to create fair competition He warns a new Cold War could start after "exclusion, threats and intimidation" He says fighting the pandemic is the "most urgent task" facing the world In a virtual gathering instead of the annual in-person meetings at the Switzerland ski resort of Davos, Mr Xi urged nations to remove all barriers to…