“Great winds and storms may upset a pond, but not an ocean,” Xi said, comparing China to a vast and immovable sea. “As globalization deepens, the practices of law of jungle and winner-take-all are a dead end,” he said. Xi acknowledged that China should strengthen intellectual property enforcement and said it would ratchet up punishments for violators. “President Xi said nice words about free trade, openness, intellectual property protection, and China's willingness to be open to the world,” McGregor said. “China needs to make the necessary reforms to end its unfair trade practices that are harming the world economy.”Still, China rolled out the red carpet for allies old and new.

Source: Washington Post November 05, 2018 07:26 UTC