How Xi Jinping warned of ‘catastrophic consequences’ of confrontation at Davos

At Davos forum, Chinese President Xi Jinping warned that confrontation between major powers could have ‘catastrophic consequences’. He said the world needs to discard the Cold War mentality & seek peaceful coexistence and win-win outcomes. "History has proved time and again that confrontation does not solve problems, it only invites catastrophic consequences. Protectionism and unilateralism can protect no one. They ultimately hurt the interests of others as well as one's own," said Xi. In his speech, the Chinese President presented himself as the defender of multilateralism. His comments come amid tensions between US & China on topics like Taiwan, human rights & the South China Sea. Watch the full video for more.