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Xi reaffirms open China, denounces protectionism in rare speech

President Xi Jinping Meets with Representatives of International Business Community at the Great Hall of the People in Beijing on March 27, 2025. [Brian Ngugi, Standard]

President Xi Jinping, in a rare public address to global business leaders at The Great Hall of the People in Beijing on Friday, sought to reaffirm China's commitment to open markets and denounced protectionist tariffs amid escalating global trade tensions.

Xi declared that China remains a prime destination for investment while forcefully denouncing emerging protectionist tariffs that threaten to fracture global trade.

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