China Premier Warns Economic Barriers Will Lead to Confrontation
- Li blasts Western efforts to remove China from supply chains
- His speech strikes positive note but offers no stimulus clues
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China’s Premier Li Qiang warned governments that attempt to politicize their economies will only fragment the world as the US and Europe “de-risk” supply chains from the Asian nation.
“The invisible barriers put up by some people in recent years are becoming widespread and pushing the world into fragmentation and even confrontation,” China’s No. 2 official said Tuesday at the World Economic Forum’s Annual Meeting of the New Champions in Tianjin, a coastal city close to Beijing in northern China.