China’s Xi urges global institutions to fight trade protectionism

Chinese President Xi Jinping called for a concerted effort by global institutions such as the United Nations, the G7 and the World Trade Organisation to fight unilateralism and protectionism in a speech on Thursday at the Brics summit in South Africa.

Xi also called for dialogue to settle disputes on global trade, underlining remarks he made at the opening of the summit the previous day urging a rejection of unilateralism in the wake of tariff threats by US President Donald Trump.

Read: Xi calls for rejection of trade wars

Source: moneyweb.co.za