China has urged the western governments to “abandon the Cold War mentality” in favour of strengthening ties to tackle common challenges.
Liu He, Vice Premier of China, said the traditional ways of thinking will not provide effective solutions to climate change or break down barriers against global economic stability.
In a special address at the World Economic Forum in Davos, Switzerland, on Tuesday, Mr Liu mentioned strengthening international co-operation and maintaining world peace 11 times.
He suggested that governments around the world are not doing enough to encourage collaboration.
The politician, one of President Xi Jinping’s most trusted confidants, laid out a three-point plan as he called for a seismic change in approach.
He said Beijing is dedicated to playing its part in advancing international co-operation in a fragmented world — the theme of this year’s gathering.
Firstly, Mr Liu said teamwork is essential to ensure that the effective economic order can be maintained.
“The traditional way of thinking is not the solution,” he said. He added that leaders must “abandon the Cold War mentality” to “build a community with a shared future for mankind”.
“We believe that an equitable international economic order must be preserved by all of us,” he said, and insisted that fair distribution of goods and services and a strong social safety net are essential.
Secondly, Mr Liu said international partners must bang heads to find ways to “strike a good balance between inflation and growth”. China “stands ready to work with all parties” to find solutions to debts incurred by developing nations, he said.
Lastly, he highlighted the need for “common actions” in the fight against climate change.
He pledged China will honour its commitments to the international community and co-operate on the world stage to address the urgent problem.
“We need a global response to climate change,” he said.
China is one of the world's leading polluters and accounts for almost a third of carbon emissions.
The government in Beijing is committed to opening the door to foreign investment even wider, the economic tsar said, and is determined to champion entrepreneurship.
He laid out an optimistic vision for the world’s second largest economy after the battering it has taken from nearly three years of lockdowns, quarantines and strict coronavirus rules.
Despite the upheaval, he said China benefits from “overall financial stability” in what is a volatile atmosphere.
Looking ahead, he said the focus will be on expanding domestic demand, keeping industrial and supply chains smooth, supporting healthy development of the private sector, attracting foreign investment and preventing economic risks.
He said with hard work, Beijing is confident that in 2023 growth “will most likely return to its normal trend and the Chinese economy will see a significant improvement”.
Earlier, Klaus Schwab, chairman of the World Economic Forum, welcomed Mr Liu to the stage and noted that the international community “is eager to understand the next chapter of China’s development strategy both domestically and globally”.
Mr Shwab said this was of particular interest following the Communist Party’s 20th national congress last October.
“We firmly believe that China can and will play an important role and assume a responsible role amid a fragmented world,” he added.
World Economic Forum — in pictures
Coming soon
Torno Subito by Massimo Bottura
When the W Dubai – The Palm hotel opens at the end of this year, one of the highlights will be Massimo Bottura’s new restaurant, Torno Subito, which promises “to take guests on a journey back to 1960s Italy”. It is the three Michelinstarred chef’s first venture in Dubai and should be every bit as ambitious as you would expect from the man whose restaurant in Italy, Osteria Francescana, was crowned number one in this year’s list of the World’s 50 Best Restaurants.
Akira Back Dubai
Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as, “an innovative Japanese cuisine prepared with a Korean accent”.
Dinner by Heston Blumenthal
The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems.
Jetour T1 specs
Engine: 2-litre turbocharged
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Torque: 390Nm
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Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
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Price: From Dh59,700
On sale: now
The Travel Diaries of Albert Einstein The Far East, Palestine, and Spain, 1922 – 1923
Editor Ze’ev Rosenkranz
Princeton
RESULTS
West Asia Premiership
Thursday
Jebel Ali Dragons 13-34 Dubai Exiles
Friday
Dubai Knights Eagles 16-27 Dubai Tigers
Movie: Saheb, Biwi aur Gangster 3
Producer: JAR Films
Director: Tigmanshu Dhulia
Cast: Sanjay Dutt, Jimmy Sheirgill, Mahie Gill, Chitrangda Singh, Kabir Bedi
Rating: 3 star
Who is Tim-Berners Lee?
Sir Tim Berners-Lee was born in London in a household of mathematicians and computer scientists. Both his mother, Mary Lee, and father, Conway, were early computer scientists who worked on the Ferranti 1 - the world's first commercially-available, general purpose digital computer. Sir Tim studied Physics at the University of Oxford and held a series of roles developing code and building software before moving to Switzerland to work for Cern, the European Particle Physics laboratory. He developed the worldwide web code as a side project in 1989 as a global information-sharing system. After releasing the first web code in 1991, Cern made it open and free for all to use. Sir Tim now campaigns for initiatives to make sure the web remains open and accessible to all.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
MATCH INFO
Manchester City 3
Danilo (16'), Bernardo Silva (34'), Fernandinho (72')
Brighton & Hove Albion 1
Ulloa (20')
CHATGPT%20ENTERPRISE%20FEATURES
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UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I
2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
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The smuggler
Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple.
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.
Khouli conviction
Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.
For sale
A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.
- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico
- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000
- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
UEFA CHAMPIONS LEAGUE FIXTURES
All kick-off times 10.45pm UAE ( 4 GMT) unless stated
Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid
Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona
