At the 8th China International Import Expo (CIIE) in Shanghai, luxury giant LVMH Group made waves with a bold message: "Tariffs and barriers don\'t boost the global economy." 🚫📉 Marc-Antoine Jamet, the group\'s Secretary-General, echoed Chinese Premier Li Qiang\'s call for international cooperation, telling CGTN that "China is open for trade" and expressing hope for "a more open China-US market" in the future.
💡 Why it matters: With tensions simmering between the world\'s two largest economies, LVMH\'s stance highlights the growing corporate push for smoother cross-border trade. Jamet\'s comments align with Premier Li\'s opening speech emphasizing China\'s commitment to globalization—a key theme at this year\'s CIIE, which has drawn over 3,400 exhibitors from 154 countries and regions.
🌐 The big picture: As Gen Z reshapes consumer trends, luxury brands like Louis Vuitton and Dior (both under LVMH) are betting big on China\'s booming market. But Jamet\'s remarks also serve as a reminder: In today\'s TikTok-speed economy, trade wars are *so* 2018. 🔄 The real flex? Building bridges, not walls.
