China’s Xi rejects Cold War mentality, pitches for open economy & trade
Amid the rising wave of protectionism and escalating Beijing-Washington trade war, Chinese President Xi Jinping has rejected “Cold War mentality” and projected himself as an apostle of globalization at the Boao Forum for Asia in the island of Hainan.
“China’s reform and opening up will definitely succeed and a Cold War mentality, zero sum thinking and isolationism are outdated,” Mr Xi told top industrialists, entrepreneurs and thought leaders at the Boao Forum. The Chinese leader’s comments were a veiled critique of US President Donald Trump’s America First world view and protectionist policies.