Chinese President Xi Jinping has rejected “selfish, shortsighted” trade policies and instead called for the building of an open global economy, in a clear rebuke of US President Donald Trump’s protectionist policies.
“We should reject selfish, short-sighted, narrow, and closed-off policies. We must maintain the rules of the World Trade Organization, support the multilateral trade system, and build an open global economy,” Xi said on Sunday, without naming the United States.
He was speaking at a summit of the Shanghai Cooperation Organization (SCO) in the northern Chinese port city of Qingdao.
“We should reject the Cold War mentality and confrontation between blocs,” Xi said, adding that countries had to “oppose the practices of seeking absolute security of oneself at the expense of the security of other countries.”
President Xi’s remarks were an unmistakable reference to the Trump administration’s inward-looking trade…