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China’s Xi says world growth overshadowed by protectionism

Editorial Bureau by Editorial Bureau
November 17, 2018
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China’s Xi says world growth overshadowed by protectionism

President of China Xi Jinping arrives for the APEC CEO Summit 2018 at Port Moresby, Papua New Guinea, 17 November 2018. Fazry Ismail/Pool via REUTERS

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PORT MORESBY (Reuters) – Chinese President Xi Jinping warned on Saturday that the shadow of protectionism and unilateralism was hanging over global growth, joining other Asia-Pacific leaders in urging free trade.

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“One who chooses to close his door will only cut himself off from the rest of the world and lose his direction,” Xi said at an Asia Pacific Economic Co-operation (APEC) summit in Papua New Guinea.

Earlier, Malaysian Prime Minister Mahathir Mohamad said countries needed to re-evaluate globalisation and economic integration because it was leaving some people behind and fuelling inequality.

(Reporting by Philip Wen; Editing by Robert Birsel)

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