Xi warns Biden and EU not to reignite Cold War
(Source politico.com) Chinese leader Xi Jinping warned new U.S. President Joe Biden not to marshal Europe into an alliance against Beijing, saying that any attempt to freeze China out of global trade and technology networks risked reigniting the Cold War. Xi’s virtual address to the World Economic Forum comes as China is making a show of power and setting out its red lines to the new American leader. Over the weekend, Taiwan reported a large incursion by Chinese bombers and jet fighters for two days in a row. While Biden’s team has called for the formation of an alliance of democracies to confront China’s economic model, Xi cautioned against the dangers of such an approach. “Forming small groups or launching new cold wars on the world stage; excluding, threatening and intimidating others; resorting to decoupling, supply disruption or sanctions would only push the world towards division, if not confrontation,” Xi said.