Xi Focus: Xi calls for solidarity, win-win cooperation

Xinhua
23 Jun 2022, 02:06 GMT+10

BEIJING, June 22 (Xinhua) -- Chinese President Xi Jinping on Wednesday called on countries around the world to tide over difficulties together and jointly pursue win-win cooperation.

He made the remarks while delivering a keynote speech in virtual format at the opening ceremony of the BRICS Business Forum.

At present, some important industrial and supply chains are suffering from deliberate disruptions, commodity prices remain high and are fluctuating, global inflation keeps rising, the international financial market is in turmoil, said Xi, noting that the global economic recovery is losing steam.

"People have reason to be concerned that the world economy might slip into a crisis," Xi said. "At this critical juncture, tiding over difficulties together and pursuing cooperation is the only way for us to forestall an economic crisis."

Major developed countries should adopt responsible economic policies, said Xi, calling on major developed countries to avoid negative policy spillovers that may take a heavy toll on developing countries.

We should come together with a united purpose and strengthen macroeconomic policy coordination to prevent the slowdown and even halt of the global recovery, said Xi.

Describing sanctions as a boomerang and a double-edged sword, Xi said those who politicize the global economy and turn it into one's tool or weapon, and willfully impose sanctions by using one's primary position in the international financial and monetary systems will only end up hurting one's own interests as well as those of others, and inflict suffering on everyone.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Arab Herald.

More Information

36 ℃

Low Drifting Dust in Doha

Muslim

Section

Pakistani PM orders investigation into illegal FED at airports

Islamabad [Pakistan], July 3 (ANI): Pakistani Prime Minister Shehbaz Sharif ordered an investigation into the illegal collection of federal excise ...

Pakistani military Chief meets Iranian president

Islamabad [Pakistan], July 3 (ANI): Pakistan's Chairman Joint Chiefs of Staff Committee (CJCSC) General Nadeem Raza, who is in Iran, ...

Eight people injured in grenade attack in Afghanistan

Kabul [Afghanistan], July 3 (ANI): At least eight people were injured on Saturday when unidentified attackers threw a hand grenade ...

Two killed, 4 wounded in IS bomb attacks in Iraq: sources

Baghdad [Iraq], July 3 (ANI/Xinhua): A soldier and a civilian were killed and four people wounded on Saturday in two ...

IMF doesn't trust Pakistan because of Imran Khan's wrongdoing: PML-N President

Islamabad [Pakistan], July 3 (ANI): Pakistan Muslim League-N President Maryam Nawaz on Saturday claimed that the International Monetary Fund (IMF) ...

Uzbekistan Declared State of Emergency in Protest-Hit Region

Tashkent, Uzbekistan - Uzbekistan announced a monthlong state of emergency Saturday in an autonomous republic where rare protests prompted President ...