Speaking on the final day of a forum promoting the Belt and Road initiative – a potentially historic Chinese infrastructure campaign that could transform swathes of the developing world – Xi said cooperation was the only way to confront the “profound” changes sweeping the globe.

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“Economic growth is not on solid ground ... Economic globalisation is encountering some headwinds. Development has become more uneven – not to mention the other challenges that overshadow the world economy such as wars, conflicts, terrorism and a massive flow of refugees and migrants,” Xi told a meeting of leaders including Russia’s Vladimir Putin and Turkey’s Recep Tayyip Erdoğan