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China calls for global business to ‘resist protectionism’ as American executives gather in Beijing

China calls for global business to ‘resist protectionism’ as American executives gather in Beijing


Hong Kong/Beijing
CNN
 — 


China is prepared for “possible unexpected shocks,” Premier Li Qiang told a gathering of global executives in Beijing, where he urged them to “resist protectionism” and defend globalization.

CEOs including Apple’s Tim Cook, FedEx’s Raj Subramaniam and Pfizer’s Albert Bourla gathered in the Chinese capital over the weekend for a two-day forum that comes as US President Donald Trump has ratcheted up trade pressure on China in a bid to rebalance what he sees as an unfair relationship.

Li warned that “decoupling and breaking supply chains would only deepen crises,” while pledging to further expand market access in various sectors…

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