Xi Jinping champions global free trade at APEC summit in Peru

moneycontrol.com

Chinese President Xi Jinping has positioned himself as a defender of global free trade amid rising protectionism, particularly in response to Donald Trump's tariff threats. At the APEC CEO Summit in Peru, Xi warned that the global economy is facing severe challenges due to increasing protectionist measures. Xi emphasized the need to maintain open trade and investment flows, urging countries to uphold stable supply chains. His comments reflect a shift in global geopolitics, as he seeks to strengthen ties with nations concerned about Trump's potential tariffs. While Xi engaged with leaders from key US allies, US President Joe Biden's schedule was lighter, focusing on regional discussions. A new port project in Peru, inaugurated with Xi, aims to enhance trade connections between South America and Asia.


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