- Joined
- Mar 22, 2015
- Location
- Untied States of America
In a major speech at the World Economic Forum in Davos, Switzerland, Chinese President Xi Jinping positioned himself as a defender of globalization and free trade.
It was the first time a Chinese head of state has appeared at the annual meeting of political and financial powerhouses, and the speech was one that would have been "unthinkable" from former Chinese leaders, The Guardian reports.
"No one will emerge as a winner in a trade war," Xi said at Davos, according to a Reuters translation.
He compared protectionism to "locking oneself in a dark room," keeping out "light and air" as well as any potential dangers.
Xi said there's "no point" in blaming economic globalization for the world's problems, many of which have nothing to do with global trade, The Telegraph reports. And even though some problems are linked to globalization, that's "no justification to write it off altogether," the Chinese president said.
http://www.npr.org/sections/thetwo-...tion-in-first-ever-speech-at-world-economic-f
Watching this very closely
It was the first time a Chinese head of state has appeared at the annual meeting of political and financial powerhouses, and the speech was one that would have been "unthinkable" from former Chinese leaders, The Guardian reports.
"No one will emerge as a winner in a trade war," Xi said at Davos, according to a Reuters translation.
He compared protectionism to "locking oneself in a dark room," keeping out "light and air" as well as any potential dangers.
Xi said there's "no point" in blaming economic globalization for the world's problems, many of which have nothing to do with global trade, The Telegraph reports. And even though some problems are linked to globalization, that's "no justification to write it off altogether," the Chinese president said.
http://www.npr.org/sections/thetwo-...tion-in-first-ever-speech-at-world-economic-f
Watching this very closely