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Chinese President Xi Jinping on globalization, multilateral trade – Current Globe News

Chinese President Xi Jinping on globalization, multilateral trade


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Chinese President Xi Jinping attends the Virtual Event from Davos at the WEF World Economic Forum and holds a special address via video link in Beijing, the capital of China, on January 25, 2021.

Li Xueren | Xinhua News Agency Getty Images

Chinese President Xi Jinping he said on Tuesday that his country would not strive for hegemony no matter how powerful it was, and called for “fairer and fairer” global governance.

Beijing has increasingly clashed with the United States and other countries in Asia-Pacific and Europe over issues ranging from human rights to unfair trade practices. These countries have expressed concern that China’s growing political and economic influence threatens the global order.

“No matter how strong it grows, China will never seek hegemony, expansion or sphere of influence, nor will China ever engage in an arms race,” Xi said at the opening ceremony of the annual Boao Forum for Asia in China’s Hainan Province.

Xi also argued, not for the first time, that China is a champion in globalization and a multilateral trading system, saying international rules should not be set by just one or a few nations.

China itself has become involved in unilateral trade sanctions against the countries including Australia, after the country expressed support for international investigation into Chinese coronavirus handling. The virus first appeared in China.

Without naming any country, Xi said big nations should behave in a way that suits their status and with a greater sense of responsibility.

He also spoke out against the “Cold War” and “ideological confrontation” mentalities, adding that any country that interferes in other people’s internal affairs will not receive any support.

Xi’s remarks followed when US-China relations began a rough start under the president’s administration Joe Biden.

The United States, the United Kingdom, Japan and others have spoken out against China on issues since autonomy of Hong Kong Chinese Special Administrative Region allegations of serious human rights violations in western China. Beijing has accused Washington meddling in their domestic affairs.

Last month, Biden said China has “a general goal to become a leading country, the richest country in the world and the most powerful state in the world. “The US president has said he will not allow this to happen under his supervision.

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