China’s Xi Calls on Nations to Cut Global Supply Chain Risks

  • Chinese leader spoke at World Economic Forum via video Monday
  • Call for stability comes as Xi prepares to secure third term
WATCH: Speaking Monday, Xi warned about global inflation pressures and the resulting effects of higher interest rates.Source: Bloomberg
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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, the third time the Chinese leader has addressed the event.