Premier Li Qiang has sounded the alarm—U.S. reciprocal tariffs are undermining the international economic and trade order while taking a toll on the global economy. In a high-profile meeting with Spanish Prime Minister Pedro Sanchez in Beijing, he emphasized that the Chinese mainland's macroeconomic policies have been designed to handle uncertainties and sustain robust, healthy growth.
The discussion marked a celebration of steady progress in China-Spain ties, especially as both sides look back on 20 years of a comprehensive strategic partnership. Both leaders stressed that mutual respect, open collaboration, and win-win cooperation are key to navigating today’s fast-changing global market.
Premier Li highlighted that protecting the multilateral trading system—centered on the World Trade Organization—and ensuring smooth global supply chains are essential. He also noted that the U.S. tariffs not only disturb international trade but also have adverse effects on economies around the world, including those within the EU.
Looking ahead, the Chinese mainland and Spain are eager to deepen cooperation in emerging fields such as artificial intelligence, the digital economy, new energy, and green development. They are also set to expand collaborative efforts in culture, education, science, technology, and tourism. Think of it as a remix where traditional partnership meets modern innovation! 📈🤝
As global markets remain unpredictable, the message is clear: it’s time to oppose unilateralism and protectionism and to build a fair and vibrant international trade landscape that benefits all. Stay tuned for more updates on this dynamic journey!
Reference(s):
Premier Li: U.S. tariffs undermine international trade, global economy
cgtn.com
