China’s Xi says world must ‘reject protectionism outright’
JOHANNESBURG — Chinese President Xi Jinping urged fellow leaders of the BRICS emerging economies to “reject protectionism outright” on Thursday during their annual summit in which the United States is being criticized for escalating tariffs on foreign goods.
Xi along with Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Michel Temer and South African President Cyril Ramaphosa clasped hands and posed for a group photograph on the second day of their meeting in Johannesburg.
The Trump administration’s trade war with China, the world’s second-largest economy, and other major trading partners has given focus to the summit to rally support for what Xi called “common prosperity.”
The Chinese leader criticized the “escalation of protectionism and unilateralism” that he said has directly affected the development of emerging markets.