Xi Jinping Warns Foreign Executives of Trade Challenges and Promises Openness
President Xi Jinping warned foreign executives about severe challenges in global trade while reaffirming China’s commitment to an open market. He highlighted the threat of unilateralism and protectionism during discussions with key industry leaders.
Chinese President Xi Jinping recently conveyed a warning to foreign business executives regarding the growing challenges facing global trade. During a meeting at the Great Hall of the People in Beijing, where he engaged with notable figures such as Ray Dalio, the hedge fund executive, and Lee Jae-yong, head of Samsung Electronics, Xi emphasized the need for China to maintain an open market. He asserted that the country would continue to welcome foreign enterprises, stating that Beijing’s commitment to global trade remains strong despite rising trade tensions, particularly with the United States.
In summary, President Xi Jinping acknowledged the escalating threats to global trade while simultaneously affirming China’s dedication to remaining open to foreign investment. His remarks highlight the ongoing trade war dynamics with the United States and underscore the importance of combating rising unilateralism and protectionism.
Original Source: www.djournal.com
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