Globalisation not to blame for world's ills - China's Xi

DAVOS, Switzerland (Reuters) - Economic globalisation has become a "Pandora's Box" for many, but global problems are not caused by it, Chinese President Xi Jinping said on Tuesday.

Xi told the World Economic Forum in Davos, Switzerland, that international financial crises were caused by the excessive pursuit of profits, not globalisation.

(Reporting by Noah Barkin and Elizabeth Piper)