Chinese President opens up to more trade deals

CHINESE President Xi Jinping said China will import more than $22tn (£17tn) worth of goods over the next decade.

He has also called for a more constructive approach to an open global economy, and hit out at “protectionism”.

Mr Xi said China would accelerate efforts to reopen its economy after largely bringing Covid-19 under control.

China is the only major economy to grow this year.

“The Chinese economy is steadily picking up, as evidenced by the growth in the first three quarters,” he said.

Mr Xi made the comments on Wednesday in a video appearance at the China International Import Expo in Shanghai.

“China is the world’s largest market with the greatest potential,” he added.

The Chinese President also called for a more co-operative approach to international trade.

“The overwhelming trend for countries to move towards openness and co-operation remains unchanged.”

BBC

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