Chinese President Xi Jinping warned against any efforts to unwind globalisation in his first major remarks since Donald Trump won the US presidential election after threatening to impose tariffs as high as 60 per cent on the world’s second-biggest economy.
“Blocking economic cooperation under various excuses and dividing an interdependent world is going back in history,” according to a speech written by Xi that was delivered on Friday (Saturday AEDT) by Chinese Commerce Minister Wang Wentao at the APEC CEO summit in Lima, Peru.
Bloomberg