Xi Jinping criticizes protectionism at APEC summit as Trump returns to US presidency
At the APEC summit in Lima, Chinese President Xi Jinping criticized protectionism and promoted economic globalization. His comments come as Donald Trump prepares to return to the U.S. presidency, raising concerns about potential trade barriers. Xi emphasized China's commitment to attracting foreign investment and expanding trade ties. He announced plans for more open policies and increased foreign investment opportunities in China. However, analysts noted that China's own protectionist practices have drawn scrutiny. The summit saw a strong Chinese presence, with many business leaders attending alongside Xi. This contrasts with the reduced representation from the U.S., Canada, and Australia, highlighting China's efforts to strengthen its influence in Latin America.