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China’s Xi Jinping reiterates open trade stance amid US trade war – Reuters

As reported by Reuters, Chinese President Xi Jinping is taking indirect potshots at US President Donald Trump’s trade policies, repeating his country’s determination to induce economic reform within China as well as strengthening an open global economy.

Key quotes

“Meeting U.N. Secretary-General António Guterres in Beijing ahead of a major China-Africa summit, Xi made no direct mention of the trade tensions with the United States, referring instead to “unilateralism and protectionism rearing its head”.

“China’s determination to fully deepen reforms will not change,” China’s Foreign Ministry paraphrased Xi as telling Guterres.  “We are willing to use practical actions to drive all parties to jointly adhere to trade liberalisation and facilitation and build an open world economy,” Xi added.  The ministry’s statement did not elaborate.

U.S. and Chinese officials ended two days of talks last month without a major breakthrough as their trade war escalated with the activation of a further round of tariffs on $16 billion ( £12.3 billion) worth of each other’s goods.”

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