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China’s Presi. Xi: Tariff and trade wars produce no winners

Speaking at the opening ceremony of the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing on Tuesday, Chinese President Xi Jinping said that “tariff and trade wars produce no winners.”

Further comments

  • Acts of bullying and domination will ultimately lead to isolation.
  • China backs Latin America and the Caribbean in strengthening their role in global multilateral institutions.
  • Beijing remains committed to mutual support with Latin American countries on key issues tied to their core interests and major priorities.
  • China aims to expand collaboration with the region across sectors including infrastructure, agriculture, food security, energy, and mineral resources.
  • China to offer 66 billion yuan credit line to support Latin America and Caribbean countries.

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