Chinese President Xi Jinping has called for the continuation of global economic cooperation. His message comes at a time of growing uncertainty in international relations.
Xi’s statement was delivered by China’s Commerce Minister Wang Wentao at the APEC CEO Summit in Lima, Peru. Xi warned against efforts to roll back globalization. He stressed the importance of maintaining economic ties between nations.
This stance appears to be a response to recent political developments in the United States. The US president-elect has threatened to impose significant tariffs on Chinese goods.
Furthermore, the Chinese leader described the current global situation as turbulent and changing. He pointed to the rise of unilateralism and protectionism as the main challenges.
Xi expressed concern about the possible fragmentation of the world economy. These issues, he suggested, pose a threat to economic globalization.
Despite these challenges, Xi remains optimistic about China’s economic prospects. He expressed confidence in meeting China’s growth target of around 5% for 2024.
China’s Economic Recovery and Global Diplomacy
The latest data from October shows that the Chinese economy is showing signs of recovery. This increase comes after the implementation of stimulus measures by the government.
Xi’s message also touched on the role of developing countries in global affairs. He advocated a fairer international system.
The Chinese president called for developing economies to have a greater voice in world affairs. He emphasized the importance of equal rights and opportunities for all countries.
In addition, the Chinese leader is scheduled to meet with the current US president soon. This meeting will be their last before the new administration takes office.
Relations between China and the US have stabilized somewhat over the past year. Regular high-level meetings have helped ease tensions between the two nations. Xi’s statements reflect China’s ongoing efforts to position itself as a champion of globalization.
The country is also working to strengthen its partnerships in Latin America. The moves come as China seeks to navigate an increasingly complex global economic landscape.
