Xi Jinping: There Is No Winner in a Trade War or Tariff War, and Bullying Practices Will Only Isolate Oneself

BlockBeats News, May 13th, Xi Jinping proposed in his keynote speech at the opening ceremony of the Fourth Ministerial Meeting of the China and CELAC Forum, "Currently, the world is undergoing rapid changes in a century, with multiple risks intertwined. Only through unity and cooperation can countries maintain world peace and stability and promote global development and prosperity. There are no winners in a tariff war or a trade war, and bullying and hegemony will only isolate oneself.

China and Latin American and Caribbean countries are important members of the Global South. Independence and autonomy are our proud traditions, development and revitalization are our natural rights, and fairness and justice are our common pursuit. Facing the surging undercurrents of geopolitics and bloc confrontation, the rising tide of unilateralism and protectionism, China is willing to work hand in hand with Latin American countries to launch five major projects, seek common development and revitalization, and build a community with a shared future for China and Latin America." (Xinhua News Agency)