Views Article – Sharenet Wealth

News, North America

China vice-premier says will continue to open up, prepared for all challenges

DAVOS, Switzerland, Jan 21 (Reuters) – Chinese Vice-Premier Han Zheng said at the World Economic Forum in Davos on Tuesday the world’s second-largest economy will continue to reform as it seeks to provide greater market access for global investors.

Han, speaking at the ski resort in the Swiss Alps, said the underlying trend of China’s economy remained unchanged and the country was well prepared to overcome all risks and challenges.

“China will open its door still wider to the world,” Han said.

Hours earlier, U.S. President Donald Trump hailed the success of the U.S. economy and urged corporate titans and global policymakers to invest even more in America.

In a wide-ranging speech, Han defended globalisation and said international affairs should not be dictated by one country.

“Unilateral and protectionist practices which run counter to the global trend will lead nowhere,” Han said.

“Despite the protectionist and unilateral moves by some countries, China will not stop opening up and we will not follow their footsteps to move in the opposite direction.” (Reporting by Anne Marie Roantree; Editing by Alex Richardson)

© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Array ( )