As trade tensions ripple worldwide, China is doubling down on its call for fair globalization, opposing tariffs it views as economic bullying 🛑📉. A recent government statement framed the stance as a defense of multilateral cooperation — balancing domestic growth with support for developing nations struggling under unilateral trade policies.
Behind the rhetoric? Concrete efforts to boost grassroots innovation 💡: small businesses now access AI-powered supply chain tools to connect with global buyers, while green tech startups surge with 27% YoY growth. Analysts see this as part of Beijing’s strategy to 'future-proof' industries against trade shocks.
But it’s not just about economics. The message resonates politically 🤝🏼: by positioning itself as a counterweight to protectionism, China strengthens ties with emerging markets in Africa and Southeast Asia. 'This is chess, not checkers,' says economist Li Wei. 'Every move reinforces global south solidarity while stabilizing domestic markets.'
Reference(s):
cgtn.com