Watching China President Xi speech the China International Import Expo where he has used the words open and openness countless time stressing globalization can't be stop. Noting the law of the jungle where the winner takes all only represents dead end. But he is making promises:
1. Lower Tariffs
2. Increase imports by increasing incomes and spending = $30T next 15 years
3. Respect foreign related laws put in system of punitive compensation system to curb IP theft
4. Free trade ports with distinct Chinese features
5. Promote international cooperation
2. Increase imports by increasing incomes and spending = $30T next 15 years
3. Respect foreign related laws put in system of punitive compensation system to curb IP theft
4. Free trade ports with distinct Chinese features
5. Promote international cooperation
During the speech Xi has mentioned greater access to several sectors:
Financial services
Agriculture
Manufacturing
There are some good headlines ahead of the big meeting with President Trump at the G20 summit.
Financial services
Agriculture
Manufacturing
There are some good headlines ahead of the big meeting with President Trump at the G20 summit.
