Countering Trump, China's Xi touts cooperation in Asia-Pacific

From Reuters - November 10, 2017

DANANG, Vietnam (Reuters) - Asia-Pacific nations must uphold multilateralism, Chinese President Xi Jinping said on Friday, countering U.S. President Donald Trumps message at a summit that the United States would stay out of trade deals that surrender its sovereignty.

Globalization is an irreversible trend, but the world must work to make it more balanced and inclusive, Xi told leaders gathered in the Vietnamese resort city of Danang for the Asia Pacific Economic Cooperation (APEC) meeting.

His comments came moments after Trump told the same audience the United States would not tolerate chronic trade abuses from partners.

Should we steer economic globalization, or should we dither and stall in the face of challenge? Should we jointly advance regional cooperation or should we go our separate ways? Xi asked.

Openness brings progress, while self-seclusion leaves one behind, he said.

During the past year, Xi has positioned China as a defender of globalization in speeches around the world, contrasting himself with Trump, who has pursued his America First agenda, and pulled the United States out of the regional Trans-Pacific Partnership (TPP) trade deal.

Trumps predecessors saw the deal as a way for the United States, and not China, to write Asias trade rules.

Having just concluded a state visit to China, Trump said the United States was ready to make a bilateral deal with any country in the Indo-Pacific region, but only on the basis of mutual respect and mutual benefit.


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