China’s global trade plan is open to all and no threat to any, Xi Jinping says
‘Inclusive’ globalisation plan will produce new ways to grow economies to the benefit of all, world leaders told at forum
China’s grand globalisation strategy will not exclude any party or target anyone, Chinese President Xi Jinping told world leaders said on the second day of a forum in Beijing to promote his idea of connecting the world’s economies and boosting growth.
Xi told a meeting of 29 state and government heads that China will keep its “Belt and Road Initiative” an open and inclusive platform.
“It is open to all friends sharing the same thoughts,” Xi said.
The plan, conceived by Xi four years ago to promote trade and investment along the ancient Silk Road through Eurasia and a maritime route through Southeast Asia, is China’s answer to the isolationism that is on the rise in US under President Donald Trump.
Trump has pulled the US out of the Trans Pacific Partnership regional trade pact, plans to renegotiate the North American Free Trade Agreement that links the US, Canada and Mexico, and is threatening more tariffs on imports.
