Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen’s correspondent in southern Lebanon: One killed in an Israeli drone strike targeting the town of Houla
Al Mayadeen's correspondent: An Israeli force of five vehicles is advancing towards Saraya Rasem al-Halabi in the central Quneitra countryside, southern Syria
Baghaei to Al Mayadeen: The core of these factions is the Israeli occupation entity, which seeks to keep the region in a state of continuous war
Al-Qassam Brigades: Resistance fighters inflicted casualties on Israeli forces and closely monitored helicopter evacuation operations
Al-Qassam Brigades: Resistance fighters targeted three Israeli vehicles using two Shawaz explosive devices and a tandem RPG, before confronting another Israeli force
Al Mayadeen's correspondent in Gaza: Five martyrs reported in the Israeli bombing of al-Hasayna School in al-Nuseirat, central Gaza Strip
Baqaei to Al Mayadeen: It is clear to any observer that US lawmakers are increasingly influenced by factions opposed to diplomacy
Baqaei to Al Mayadeen: We believe that a strong region consists of strong, reconciled, and united countries; based on this, we extend our hand to all our neighbors
Baqaei to Al Mayadeen: Iran considers its neighbors highly important, with regional security remaining a strategic priority
Baqaei to Al Mayadeen: US' insistence on completely halting Iran’s uranium enrichment raises questions about their true intentions

China's Xi warns foreign executives of 'severe' trade headwinds

  • By Al Mayadeen English
  • Source: Agencies
  • 28 Mar 2025 09:12
  • 1 Shares
3 Min Read

Xi Jinping warns of "severe challenges" to global trade, pledging to further open China to foreign firms amid escalating trade tensions with the US.

Listen
  • x
  • Chinese President Xi Jinping attends the closing ceremony of the National People's Congress held at the Great Hall of the People in Beijing, on March 11, 2025. (AP Photo/Ng Han Guan)
    Chinese President Xi Jinping attends the closing ceremony of the National People's Congress held at the Great Hall of the People in Beijing, on March 11, 2025. (AP)

Chinese leader Xi Jinping cautioned about "severe challenges" confronting global trade on Friday while pledging to open China’s doors "wider and wider" to foreign businesses amid an escalating trade war with the United States.  

During a meeting at Beijing’s opulent Great Hall of the People with executives such as hedge fund leader Ray Dalio and Samsung Electronics chief Lee Jae-yong, Xi expressed concern over the growing prevalence of "unilateralism and protectionism."

"Multilateralism is the inevitable choice for addressing the difficulties and challenges facing the world, and economic globalisation is an unstoppable historical trend," Xi said.

His remarks subtly criticized Trump’s newly imposed tariffs, which are weighing on Chinese exports after last year’s record highs.  

As global trade challenges put additional pressure on its already fragile economic growth, Beijing has stepped up efforts to attract foreign businesses.  

At the same time, it has portrayed itself as a steadfast supporter of the multilateral trading system, in contrast to the unpredictable US president, whose actions are disrupting the international order.

During Friday’s meeting, Xi emphasized the importance of adhering to World Trade Organization rules and assured that China would continue to "advance trade and investment liberalisation," highlighting that "all parties should work together to uphold the global economic order."  

Related News

Trump tariff blitz stirs worry despite 'progress' in Japan trade talks

US Chamber of Commerce may sue Trump administration over tariffs

He also pledged that "foreign enterprises in China can develop their advantages and capabilities and gain an advantage in global competition."  

Exports have long been a crucial driver of growth for China’s manufacturing sector, but rising trade and geopolitical tensions now pose a significant threat.

Foreign businesses operating in China have long voiced concerns about an uneven playing field, citing issues such as intellectual property theft, opaque regulations, and unfair advantages for local firms. The introduction of a sweeping counterespionage law in 2023 has done little to ease these frustrations.

Two days ago, Trump imposed tariffs on vehicle imports on Wednesday, according to the White House, escalating tensions with trading partners ahead of more charges anticipated next week.

White House Press Secretary Karoline Leavitt informed reporters that Trump would announce the "auto industry" tariffs in an address but did not elaborate on their scope.

Since becoming president in January, Trump slapped tariffs on imports from key US trade partners Canada, Mexico, and China, as well as a 25% charge on steel and aluminum imports.

The Guardian reported earlier that countries across Europe, Canada, and Scandinavia are turning their backs on American goods in protest, including European car buyers rejecting Teslas produced by Elon Musk. He has already granted automakers a temporary respite from the taxes impacting North America.

Read next: Trump’s new term brought along unwelcome surprises for China: WashPo

  • tarrifs
  • US
  • trade war
  • China
  • Donald Trump
  • Xi Jinping

Most Read

Gaza and the logic of necropolitics: Sovereignty measured by killing

Gaza and the logic of necropolitics: Sovereignty measured by killing

  • Politics
  • 15 May 2025
Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025
Abu Obaida

Abu Obeida posts shortly after Israeli reports about his assassination

  • Palestine
  • 15 May 2025
YAF say struck 'Israel's' Ben-Gurion Airport with missiles, drones

YAF say struck 'Israel's' Ben Gurion Airport with missiles, drones

  • MENA
  • 18 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Britain's Prime Minister Keir Starmer (right) poses with European Commission President Ursula von der Leyen at the UK-EU Summit at Lancaster House in London on May 19, 2025. (Pool/AFP)
US & Canada

UK, EU reset post-Brexit relations with defense and trade pact

Vice President JD Vance, right, and his wife Usha attend Pope Leo XIV's formal inauguration of his pontificate in St. Peter's Square, at the Vatican, May 18, 2025 (Alessandra Tarantino/AP)
US & Canada

Axios: Vance scraps 'Israel' visit over new operation in Gaza

''Israel' resumed Gaza aid', says Netanyahu amid full invasion calls
Politics

Netanyahu: We are going to take over all of Gaza

Telegram co-founder Pavel Durov, center, after a meeting, Jakarta, Indonesia on August 1, 2017 (AP Photo/Tatan Syuflana)
Europe

Telegram’s Durov says France sought to censor Romanian conservatives

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS