China‘s Xi says nations need to oppose protectionism

Chinese President Xi Jinping listens to a speech during the Dialogue of Emerging Market and Developing Countries in Xiamen in southeastern China‘s Fujian Province, on Tuesday. (AP photo)

XIAMEN, China — Countries need to work closely to build an open world economy and not to lose sight of growing risks and downward pressure on the economy, Chinese President Xi Jinping said on Tuesday.

Mr Xi told leaders from the BRICS states and other developing countries meeting in the southeastern Chinese city of Xiamen that countries needed to oppose protectionism and rebalance globalisation to make it more sustainable.

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