The United States is not looking for conflict with China but steps it is taking in the South China Sea are self-isolating and prompting other countries to seek help from Washington, US Defense Secretary Ashton Carter said on Friday.

Colourful lions adorn a salon on the main street of Davos, inviting visiting business leaders to "Make in India".

Refugee crisis in Europe presents both challenges and opportunities, ECB President Mario Draghi on Friday said, while emphasising that expenditure in this regard could be a great stimulus for growth.