4 days ago
China calls on nations to safeguard free trade
Chinese Premier Li Qiang has expressed concern over protectionism and called on the international community to unite in safeguarding free trade.
Li spoke on Wednesday at the World Economic Forum's annual meeting known as the "Summer Davos" in China's Tianjin. The meeting is attended by political and business leaders from around the world.
Li expressed concern, stating that "protectionist measures are significantly increasing, partly due to the intensification of global trade friction," referring to the tariff measures implemented by US President Donald Trump's administration.
Li noted that there are also proactive forces that seek common understanding and strengthened collaboration to confront these unstable and uncertain risks.
Li expressed hope that countries will promote open markets and cooperation, always in accordance with market principles, to protect economic globalization and reject division.