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China should make contingency plans for coronavirus-related challenges: Xi

This video grab taken on January 25, 2021, from the website of the World Economic Forum shows China's President Xi Jinping speaking from Pekin as he opens an all-virtual World Economic Forum, which usually takes place in Davos, Switzerland. (Via AFP)

President Xi Jinping has said China should foresee various risks and challenges, and make contingency plans for “black swan” and “gray rhino” events, the state news agency Xinhua reported on Friday.

Xi also said China would ensure there was no resurgence of the COVID-19 epidemic.

A “black swan” event refers to an unforeseen and unlikely occurrence that typically has extreme consequences, while a “grey rhino” is a highly obvious yet ignored threat.

(Source: Reuters)


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