Chinese President Xi Jinping stated that tariff and trade wars produce no winners, emphasizing that global peace, stability, and development can only be achieved through international cooperation.

  • He warned that acts of bullying and domination will ultimately lead to isolation.

  • China backs Latin America and the Caribbean in strengthening their role in global multilateral institutions.

  • Beijing remains committed to mutual support with Latin American countries on key issues tied to their core interests and major priorities.

  • China aims to expand collaboration with the region across sectors including infrastructure, agriculture, food security, energy, and mineral resources.

  • China to offer 66 billion yuan credit line to support Latin America and Caribbean countries:

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Chinese President Xi Jinping is delivering a speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing.

Source: Forex Live