Hindustan Times (East UP)

Confrontat­ion does not solve problems: Xi

- letters@hindustant­imes.com AP With inputs by Sutirtho Patranobis

BEIJING: 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 - 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.”

China’s population increased by less than half a million in 2021, recording a drop in births for the fifth consecutiv­e year, latest national data showed on Monday with officials saying that the country’s population has entered a “zero growth” period.

China recorded 10.62 million births in 2021, or only 7.5 births per 1,000 people, the national bureau of statistics (NBS) said on Monday.

It marked the lowest growth rate since the founding of new China under the Communist Party of China (CPC) in 1949.

Meanwhile, China’s GDP grew 8.1% in 2021 riding out a slump in the second half of the year when the economy was besieged by a crippling power shortage, real estate sector turmoil and a drop in consumptio­n because of Covid-19-related restrictio­ns.

Fourth quarter GDP rose by 4% from a year ago, China’s National Bureau of Statistics (NBS) said on Monday.

The country’s total GDP in 2021 reached 114.37 trillion yuan ($18 trillion), the NBS said.

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Xi Jinping

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