MNI: Xi Says WTO Must Respect Interests of Developing Nations

     BEIJING (MNI) - Here are some key points made by Chinese President Xi

Jinping in a speech on Saturday at the G20 Summit in Buenos Aires. 

     - China supports reforming the World Trade Organization (WTO). Nations must

defend its the core values and basic principles, such as openness, inclusiveness

and non-discrimination, as well as safeguarding the development interests and

policymaking room of developing countries. 

     - China will continue to help African countries strengthen infrastructure

building and interconnection.

     - G20 should safeguard the multilateral trade system. New trade

restrictions imposed among G20 members each month doubled from six months ago;

globally, goods traded in 2018 may fall by 0.3%.

     - G20 should strengthen the coordination of macroeconomic policies. All

should make efforts to promote a strong, balanced, sustainable and inclusive

growth. Developed economies should be mindful of the impact of their policies on

emerging markets and developing countries.

--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com

--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com

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