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- Chinese President Xi Jinping has warned political and business leaders from around the world about a “new Cold War.” Xi delivered a speech at a virtual event for the World Economic Forum on Monday. 2. U.S. climate envoy John Kerry has impressed upon global leaders that the United States will make an all-out effort to address climate change. Kerry referred to the U.S. absence from the Paris Agreement under the former administration. He said, “with humility for the absence of the last four years” the U.S. will “do everything in our power to make up for it.” 3.The White House press secretary says the United States is in “serious competition” with China, and that President Joe Biden’s administration will consult U.S. allies in defining its approach to Beijing.