Xi touts China's 'openness' on trade in APEC address

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President Xi Jinping pegged China as the pivot point for global free trade on Thursday, vowing to keep his huge economy open and warning against protectionism. DonaldTrump JoeBiden Trump

Buoyed by the signing of the world’s largest trade pact over the weekend, Xi said the Asia-Pacific is the “forerunner driving global growth” in a world hit by “multiple challenges” including the pandemic.

He vowed “openness” to trade and refuted any possibility of the “decoupling” of the world’s second largest economy — in his only comments nodding to the hostile trade policy ofThe Asia-Pacific Economic Cooperation forum, held online this year because of the coronavirus pandemic, brings together 21 Pacific Rim countries including the world’s two biggest economies, accounting for about 60 percent of global GDP.

 

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