Chinese President Xi Makes A Push To Drop Trade Tariffs At The G-20

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Chinese President Xi Makes A Push To Drop Trade Tariffs At The G-20

Chinese President Xi Jinping attends the G20 Extraordinary Virtual Leaders' Summit on Covid-19 via a video link in Beijing on Thursday. Photo: Xinhua

CGTN: Xi Jinping calls for tariff reduction within G20 amid potential virus-driven global recession

Chinese President Xi Jinping on Thursday urged a collective tariff reduction within the Group of 20 (G20) bloc, a strong call to boost confidence and combat a potential virus-driven global recession.

"I want to call on all G20 members to take collective actions – cutting tariffs, removing barriers, and facilitating the unfettered flow of trade," President Xi said during the video conference of the G20 Extraordinary Virtual Leaders' Summit on COVID-19.

"Together, we can send a strong signal and restore confidence for global economic recovery."

The coronavirus outbreak, first reported in central China's Wuhan City last December, has fast spread across the globe within months. Strict control measures including travel restrictions and quarantine rules carried out by various nations have disrupted economic activities and threatened the world's economy.

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WNU Editor: In the current situation no government is going to accommodate China. Especially on trade.

More News On Chinese President Xi's Push To Drop Trade Tariffs At The G-20

Full text of Xi's remarks at Extraordinary G20 Leaders' Summit -- Xinhuanet
Xi Jinping urges ‘stronger international cooperation’ and quick action to fight coronavirus pandemic and stave off global recession -- SCMP
China's Xi says countries need to join forces in protecting world economy -- Reuters
China urges G20 nations to cut tariffs, facilitate unfettered flow of trade to combat COVID-19 crisis -- Zee News


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