China’s President Xi: Economy is resilient, sound long-term trend has not changed

China’s President Xi Jinping made some comments on the economy and opposed unilateral sanctions while speaking by video to the annual Boao Forum for Asia gathering on the southern Chinese island of Hainan.

Key quotes

Global economic recovery still fragile, weak.

China will continue to provide more vaccines to other countries.

Efforts needed to stabilise global supply chains.

Should guard against spillover effects from policy changes in some countries.

Countries should abandon cold war mentality, avoid confrontation.

Opposes one-sided sanctions.

Opposes 'long-arm jurisdiction'

Decoupling, cutting off supply and pressure tactics by any country won't work.

China's economy is resilient, sound long-term trend has not changed.

China's will to open up its economy will not change.

Calls for making Asia anchor for world peace, powerhouse for global growth and new pacesetter for international cooperation.

Gold Price Forecast: XAUUSD consolidates the rebound below key $1,960 level ahead of Powell

Gold Price is in a narrow consolidative range so far this Thursday, having stalled its rebound just shy of the key $1,960 level. A rebound in the US d
Mehr darüber lesen Previous

BOJ’s Kuroda: Excessive, short-term fx volatility would affect business activity

“Excessive, short-term fx volatility would affect business activity,” Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Thursday. Additional quotes
Mehr darüber lesen Next