Thursday, March 26, 2020

Chinese President Xi Makes A Push To Drop Trade Tariffs At The G-20

Chinese President Xi Jinping attends the G20 Extraordinary Virtual Leaders' Summit on Covid-19 via a video link in Beijing on Thursday. Photo: Xinhua

CGTN: Xi Jinping calls for tariff reduction within G20 amid potential virus-driven global recession

Chinese President Xi Jinping on Thursday urged a collective tariff reduction within the Group of 20 (G20) bloc, a strong call to boost confidence and combat a potential virus-driven global recession.

"I want to call on all G20 members to take collective actions – cutting tariffs, removing barriers, and facilitating the unfettered flow of trade," President Xi said during the video conference of the G20 Extraordinary Virtual Leaders' Summit on COVID-19.

"Together, we can send a strong signal and restore confidence for global economic recovery."

The coronavirus outbreak, first reported in central China's Wuhan City last December, has fast spread across the globe within months. Strict control measures including travel restrictions and quarantine rules carried out by various nations have disrupted economic activities and threatened the world's economy.

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WNU Editor: In the current situation no government is going to accommodate China. Especially on trade.

More News On Chinese President Xi's Push To Drop Trade Tariffs At The G-20

Full text of Xi's remarks at Extraordinary G20 Leaders' Summit -- Xinhuanet
Xi Jinping urges ‘stronger international cooperation’ and quick action to fight coronavirus pandemic and stave off global recession -- SCMP
China's Xi says countries need to join forces in protecting world economy -- Reuters
China urges G20 nations to cut tariffs, facilitate unfettered flow of trade to combat COVID-19 crisis -- Zee News

3 comments:

Anonymous said...

Any government peddling to China right now WILL be voted out and swiftly. The party is over. 0 tolerance to any politician selling us out.

Unknown said...

Yup there done .

Anonymous said...

Increase tariffs 2 fold until the Chinese get their wet markets and other shitty business practices under control. The world and all companies and workers suffer because of China abs how they helped spread the virus

First they withheld information and still do, leaving us all unprepared when every day every hour counted.. .for months they kept us in the dark causing the unnecessary deaths of tens of thousands of loved ones. We didn't even get to say goodbye because of your actions! !!

Then they let all our economies tank and cause unseen hardship around the world. You assholes! So many people will commit suicide now and all you care about is that we don't call it what it is. .a virus from CHINA!!!!!