Xi Jinping calls for fair global rules, says decoupling harmful

China | 20 Apr 2021 10:19 am

President Xi Jinping said on Tuesday that the global governance system should be made more equitable and fair, and that rules set by one country or some nations cannot be imposed on others.

"The world wants justice, not hegemony," Xi said in his keynote speech vi video  at the annual Boao Forum for Asia.

Building barriers and pushing for decoupling will harm others and benefit no one, Xi said.

“International affairs should be conducted by way of negotiations and discussions, and the future destiny of the world should be decided by all countries,” Xi said, without naming the U.S. specifically. “One or a few countries shouldn’t impose their rules on others, and the world shouldn’t be led on by the unilateralism of a few countries.”

In a veiled critique of U.S. efforts to reduce dependence on Chinese supply chains and withhold exports of goods like advanced computer chips, Xi said “any effort to build barriers and decouple works against economic and market principles, and would only harm others without benefiting oneself.”

“What we need in today’s world is justice, not hegemony,” Xi said, adding that China would never engage in an arms race. “Bossing others around or meddling in others internal affairs will not get one any support.” Xi spoke by video to more than 2,000 officials and business executives attending the Boao conference in person in the southern island province of Hainan.

Global leaders and the heads of the International Monetary Fund and United Nations attended the opening ceremony via video-link, according to state media.-Reuters/Bloomberg



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