China has glorious history of being open to the world and the country will only ...
BEIJING - China has glorious history of being open to the world and the country will only be more open, President Xi Jinping said on Wednesday, in his first public address since trade tensions with the United States spiked last week.
China on Monday announced higher tariffs on $60 billion of U.S. goods, effective June 1, in retaliation for Washington’s decision on Friday to raise its own levies on $200 billion in Chinese imports. “Today’s China is not only China’s China. It is Asia’s China and the world’s China. China in the future will take on an even more open stance to embrace the world,” he added.
Xi offered no new concrete measures to further open China up, aside from proposing an Asia tourism promotion plan, and even on that he gave no details.
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