Time.news- Chinese President Xi Jinping reiterates that China wants to preserve world peace and it does not intend to aim for expansionism or an arms race.
“No matter how it develops, China will never seek hegemony, expansionism or spheres of influence, nor will it engage in an arms race,” Xi said in his keynote address at the Boao Forum for Asia.
China, he added, “will actively participate in the multilateral cooperation in trade and investmenti”.
Iprotectionism, Xi Jinping said, it harms other countries without generating benefits for those who practice it.
“Any effort to build barriers and ‘decoupling’ go against the principles of the economy and the market and would only harm others without creating personal benefits.”
The Chinese president seems to be referring in particular to US attempts to reduce its dependence on Chinese semiconductor imports.
The Chinese president reiterated China’s opposition to decoupling, the separation of economies and the creation of “artificial walls” to economic cooperation.
“In the era of globalization, openness and hospitality are an unstoppable historical trend,” said Xi, who spoke by videoconference to more than 2,000 officials and businessmen who attended the conference in person in the island province. southern Hainan.
The opening ceremony of the ‘Chinese Davos’ was also attended by the leaders of the International Monetary Fund and the United Nations, as well as some important American top managers such as Tesla’s number one, Elon Musk, and Apple’s chief executive, Tim Cook.
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