China’s premier has issued a defence of international trade on the eve of the US presidential election, telling a flagship import forum in Shanghai that Beijing was open to investment and free trade agreements despite a “backlash against globalisation”.
“Unilateralism and protectionism are clearly on the rise,” Li Qiang said at the launch of the China International Import Expo (CIIE) on Tuesday. “Against such a backdrop it is all the more important for us to uphold, expand and upgrade opening up.”
In an apparent reference to escalating tensions with the EU and US over electric vehicle tariffs, Li also complained of “acts of dishonesty” and “rule breaking”.
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