Xi made the remarks throughout a speech Monday on the opening of the inaugural China Worldwide Import Expo in Shanghai, an occasion designed to show the nation’s significance as a vacation spot for international items.
Regardless of the prominence of the occasion for China, no senior US authorities officers attended, additional underscoring the strained relationship between the 2 nations.
Though he by no means talked about Trump or the USA by title throughout his speech, Xi stated there was no room for protectionism in worldwide commerce.
“Immediately, with the deepening of financial globalization, ‘legislation of the jungle’ and ‘winner-takes-all’ are a useless finish,” he stated.
“A worldwide financial system is an irreversible development and will not change due to one particular person,” the Chinese language chief advised delegates. “Each nation ought to combat towards protectionism and construct an open financial system.”
Xi’s feedback got here in the course of the closing stretch of the marketing campaign for the US midterm elections, during which Trump’s Republican Celebration might lose management of the Home of Representatives to the Democrats.
Consultants say China should not count on a big change in commerce coverage if the Democrats do make inroads in Congress, the place the Republicans at the moment management each the Home and the Senate.
“I do not suppose Beijing understands simply how widespread in DC a harder line on China is,” Issac Stone Fish, senior fellow on the Asia Society, advised CNN.