China’s Xi Jinping: Inflation a Threat to Global Recovery

President Xi Jinping has warned the swell of inflation is threatening global economic recovery and placing “tremendous pressure” upon China, The Telegraph reported.

Speaking at the Davos summit, the leader of the world’s second-largest economy said the world is “emerging from the depth, yet it still faces many constraints” after the low inflation environment “notably changed.”

Xi, appearing online for the second year for the summit, called for coordination on global economic policy.

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