President Xi Jinping Hopes China Champions World Economy

By M. Grace, July 07, 2017 22:07 PM

President Xi Jinping(www.gov.cn/)

President Xi Jinping revealed in his speech during World Economic Forum that China can stake a claim to the leadership in global order. This speech maybe done before Donald Trump was inaugurated as the new president of United State, which was months ago; but, the Chinese president is still sticking to his stand according to a report.

"Pursuing protectionism is just like locking oneself in a dark room," the Chinese president declared on his speech. "While wind and rain may be kept outside, so are light and air. No one will emerge as a winner in a trade war."

In connection, many analysts pointed out the active participation of the Chinese leader in the  G20 Summit, which they speculated to be the debut of China's attempt to improve the standing of the country on international community, may create a powerful impact in global politics.

"This appears to be a time of uncertainty in the United States, in the U.K.," said Kai-Fu Lee, a prominent venture capitalist in Beijing who invests in emerging Chinese companies. "The world needs strong leaders to give the world confidence."

President Xi Jinping also cleared the issue of the weak currency saying that the country does not intend to boost the competitiveness of China by devaluing RMB.

Related Article

Must Read

comments powered by Disqus

More from CCD

Beheaded Christian Martyrs Honored in Church Inauguration

21 Christians killed by ISIS are honored in the inauguration of a church in Egypt.

Japan's Yuzuru Hanyu Defends Olympic Title; China's Jin Boyang Ranks 4th

Check out the details of the Olympics men's singles figure skating results

Chinese Woman Follows Handbag in X-ray Machine

Woman prevents theft by following a handbag inside the X-ray machine.

17-Year-Old Snowboarder Makes Olympic History

Check out how this 17 year old make history in the current Winter Olympic Games.

Chinese Discrimination Incident at Heathrow Duty Free Shop Deemed Unacceptable

Heathrow Airport Duty Free has allegedly discriminated Chinese customers and treated them unfairly.

Christians Spread Chinese New Year Culture through Spring Festival Couplets

Young Christians invited calligraphers and calligraphy amateurs to write Spring Couplets and send them to communities and friends.

China to Prioritize Employment to Create Millions of Jobs for Citizens

China is now looking into creating new jobs to stop unemployment in the country.

Amity’s Taiwan Partners Send Supplies to Taiwan Quake Victims

Chinese Christian Cross-Strait Corporate Exchange Association and China Sunny Young Care Association distributed hats and scarves to victims relocated in a local elementary school.

Smart Sunglasses Used to Fight Crime in China

China uses "smart sunglasses" to detect criminals.