Chinese President Xi Jinping highlighted the risks of escalating trade tensions during talks with Azerbaijani President Ilham Aliyev on Wednesday, urging nations to prioritize cooperation over conflict. 🌏🤝
"Tariffs and trade wars undermine the legitimate rights and interests of all countries," Xi stated, emphasizing their destructive impact on the multilateral trading system and global economic stability. The remarks come as rising protectionism continues to rattle markets worldwide.
Xi reaffirmed China’s commitment to working with Azerbaijan to strengthen the UN-centered international framework and uphold rules-based diplomacy. The leaders pledged to defend "international fairness and justice" while safeguarding mutual interests—a nod to growing concerns over supply chain disruptions and inflation.
Analysts say Xi’s push aligns with Beijing’s broader strategy to position itself as a defender of globalization, appealing to developing economies. Could this spark a new wave of cross-border partnerships? 🤔💡
Reference(s):
Xi: Tariffs and trade wars undermine interests of all countries
cgtn.com