‘Xi Jinping’ points out that APEC countries must maintain multilateral trade and oppose protectionist policies.

Asia Pacific Economic Cooperation Conference orAPECThis year President Xi Jinping revealed that globalization is currently weak The economic system should maintain multilateral trade. and increase the level of representation of the Southern World, which refers to developing countries in Asia, South America, and Africa.

Si comments are published fromWang Wentao, Minister of Commerce of China who gave a speech at the APEC Leaders Summit, which is one of the agendas of the APEC meeting

“In the future, Asia Pacific will continue to be the engine that supports economic globalization. We have to follow the rules. Create long-term openness innovation in Asia Pacific and surrounding openness. We should move forward in the right direction. along with new and positive things together,” Mr. Wang said to comments from President Xi.

Nikkei Asia said thoughXi Jinping Washington’s government was not mentioned. But his comments reflect a counter-strategy. “America first“fromFuture President Donald Trump Includes strong rhetoric about changing global trade rules through tax policy.

Amid growing conflict between the US and China, Beijing is seeking alliances with emerging countries. through various offers including the Belt and Road Initiative It is a project to build infrastructure around the world with Chinese funding.

Before this year’s APEC meeting President Xi and Dina Ersilia Bolourte Segarra, President of Peru She participated in the opening ceremony of Shankai Deep Sea Port. on Thursday (November 14), a large port project supported by the Chinese government. It also symbolizes China’s growing influence in South America.

“Asia Pacific’s success stems from our continued commitment to maintaining regional peace and security.” and it comes from a strong stance on true multilateral trade and regional openness,” Wang reiterated President Xi’s comments.

Meanwhile, while Mr. Wang was giving his speech at the APEC Leaders’ Summit, Chinese leaders were meetingPae Thongthan Shinawatra, Prime Minister of Thailand

APEC research found that growth in the Asia-Pacific region could slow in the medium term. from opposing trade protection Several Asian leaders issued warnings last week that nationalism and trade wars will affect the current global trading system.

reference: Nikkei Asia