China’s Premier Li Qiang announced at the China Development Forum that China will pursue a correct path of economic globalization amid rising global fragmentation. He emphasized stability and fairness in response to trade tensions with the United States, particularly with potential changes in U.S. leadership. Notable figures, including Apple CEO Tim Cook, attended the event, which marked China’s commitment to true multilateralism.

At a meeting of the China Development Forum held in Beijing, Premier Li Qiang emphasized that China intends to follow the “correct direction of economic globalization,” despite ongoing global fragmentation. This sentiment was expressed amidst heightened trade tensions with the United States and concerns regarding Donald Trump’s potential impact on Chinese export growth.

Following the pandemic, China’s government has focused on economic stabilization, with particular attention to boosting consumption. Premier Li affirmed, “China will firmly stand on the correct side of history, that of fairness and justice, and act righteously amid the rough times,” addressing both Chinese authorities and international business leaders in attendance.

He reiterated China’s commitment to practicing genuine multilateralism and striving to be a stabilizing force in the global economy. “Global economic fragmentation is intensifying today,” he noted, while highlighting the rising levels of instability and uncertainty that threaten economic relationships. This event also featured prominent figures, such as Apple CEO Tim Cook, underscoring the significance of the forum in the international business realm.

In summary, Premier Li Qiang’s address at the China Development Forum underscores China’s commitment to pursuing economic globalization amidst challenges such as international fragmentation and trade conflicts. His focus on stability, multilateralism, and fairness highlights China’s ambitions in navigating the complex global economic landscape, especially in the context of its relationship with the United States.

Original Source: newscentral.africa

Related posts:

China Prepares for Economic Challenges Amid Looming US Tariffs China Targets 5% Growth Amid Escalating Trade War Challenges China Retaliates with Tariffs on U.S. Agricultural Products Amid Trade Tensions China’s Stance on Fentanyl Cooperation Amid U.S. Tariff Threats