Xi was speaking at the Boao Forum for Asia in China’s southern province of Hainan, modelled after the World Economic Forum in Davos. President Trump threatens extra $100bn of tariffs on Chinese imports Read more“The cold war and zero-sum mentality looks out of place in today’s world. Only peaceful development and cooperation can truly bring win-win or all-win results,” he said in his first public remarks since the US and China trade dispute began. Xi also said China would “significantly lower” tariffs on auto imports this year and loosen restrictions on foreign ownership in the sector “as soon as possible”. In contrast to that speech, Xi said on Tuesday that China would never seek to “threaten anyone else” or overthrow the international system.

Source: The Guardian April 10, 2018 03:56 UTC