Developers like JazzUNITY have released Windows XP.qcow2 projects specifically for Android. 2. Performance & Issues on Modern Devices
Example commands (qemu-img):
Windows XP has the stability of a Jenga tower during an earthquake. One wrong driver install, one visit to an old website via IE6, and the BSOD is imminent. With QCOW2, you can take a live snapshot before attempting anything risky. i--- Windows Xp Qcow2
Or using QEMU monitor: