Chinese President Xi Jinping called on the world to abandon "ideological prejudice” and shun an "outdated Cold-War mentality” as he signaled that China will continue to forge its own path regardless of western criticism.

It’s vital to stay committed to international law and international rules "instead of staying committed to supremacy,” Xi told the Davos Agenda event on Monday, in his first address since Joe Biden entered the White House. "Confrontation will lead us to a dead end,” he said, and urged a return to mutual respect to help the recovery from the pandemic.

"To build small circles and start a new Cold War, to reject, threaten or intimate others, to willfully impose decoupling, supply disruptions, or sanctions, or to create isolation or estrangement, will only push the world into division and even confrontation,” he said.