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CHINA

China's President Xi Jinping speaking at BRICS Business Forum. Comments hitting wires from state media. Xi states that there is a 'need to strengthen macroeconomic policy coordination to prevent global recovery from slowing or even disrupted'. Xi says that 'only by adhering to solidarity can the world overcome the economic crisis at this critical moment.'

  • Xi calls for "joint efforts to seek and safeguard peace. History has shown that hegemony, group politics and bloc confrontations bring neither peace nor stability, but rather war and conflict."
  • Xi states that the gov't 'will regulate the use of big data and algorithms'.
  • Says that China will 'step up macroeconomic policy adjustments'.
  • Says that "China will continue to improve the level of opening up to the outside world, and warmly welcomes foreign investment to share development opportunities."

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