China's Xi Stresses Open Trade in Talks With UK in Bid to Counter US Decoupling Policy: Insiders
Beijing has employed various tactics including courting Europe to make it difficult for the U.S. supply chain to decouple from China, insiders said.
Chinese leader Xi Jinping spoke with UK Prime Minister Andy Burnham, emphasizing support for multilateralism and open trade. Xi called for increased coordination through multilateral frameworks and inclusive economic globalization. Insiders suggest this is part of a strategy to counter the United States’ decoupling policy by leveraging economic globalization.
- Xi Jinping and UK Prime Minister Andy Burnham held their first known phone conversation since Burnham took office.
- Xi emphasized multilateralism and open trade, stating both China and the UK support these principles.
- He called for stepping up coordination through multilateral frameworks.
- Xi also urged the two countries to work together for inclusive economic globalization.
- Insiders believe Xi is using economic globalization to counter the US decoupling policy.
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