HANOI -- Chinese President Xi Jinping commenced his visit to Vietnam on Monday, marking a significant diplomatic engagement with the communist nation. A central theme of his visit revolved around the defense of the multilateral trade system, a system currently experiencing considerable strain due to the trade policies of U.S. President Donald Trump.
Prior to his arrival, Xi Jinping penned an article for Nhan Dan, the official newspaper of the Vietnamese Communist Party. In this article, he articulated his views on the current global trade landscape. He explicitly stated that trade wars and the imposition of tariffs ultimately yield no victors, and that protectionist measures offer no viable solutions.
Xi's message underscored the necessity of upholding the multilateral trading system, which facilitates international commerce and economic cooperation. He further emphasized the importance of maintaining the stability of global production and supply chains, crucial for the smooth flow of goods and services worldwide. Moreover, he advocated for the preservation of an open and cooperative international environment, essential for fostering global economic growth and stability. This visit and its accompanying statements reflect China's commitment to a globalized economic order and its concerns regarding the rise of protectionist sentiments.
9 Comments
ZmeeLove
This shows China is committed to the global economy, which will help them in the future.
Muchacho
A good speech! Xi Jinping's vision promotes global cooperation for economic development, and I applaud the sentiments!
Rotfront
China loves quoting 'no victors' in trade wars, but they win the economic war hands down with their trade practises, which are anything but fair.
Matzomaster
China is doing its best to facilitate trade and globalize our planet, bravo.
Karamba
Trump's tariffs might be annoying, but at least he's challenging China's unfair trade practices. Xi's a wolf in sheep's clothing.
Africa
So, China preaches multilateralism while also engaging in debt-trap diplomacy? Hypocrisy at its finest.
Leonardo
I don't trust China's intentions. They're always using trade as a tool for political leverage.
Donatello
China is the leading economy in the world, and it is taking the reins in this challenging global environment.
Raphael
China's economic influence is built on stolen intellectual property and state subsidies. This isn't a fair system.