China’s Xi calls on nations to cut global supply chain risks

Chinese President Xi Jinping speaks via video link at the World Economic Forum on Jan 17, 2022. - AFP

BEIJING (Bloomberg): Chinese President Xi Jinping called on nations to secure global supply chains and prevent inflation shocks, as the leader of the world’s No. 2 economy seeks a smooth path to clinching a precedent-defying third term in power.

"We need to resolve various risks and promote the steady recovery of the world economy,” Xi said at the World Economic Forum via video link on Monday (Jan 17), the third time the Chinese leader has addressed the event.