Xi pledges wider market access, free-trade deals

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Xi pledges wider market access, free-trade deals
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President vows to ‘knock down walls’ amid foreign criticism of China’s protectionist measures. FMTNews XiJinping Trade

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SHANGHAI: President Xi Jinping on Tuesday pledged to further open China’s economy, declaring the world must “knock down walls” as he opened an annual trade fair in Shanghai.

The speech was light on specifics, however, and thus unlikely to mollify foreign critics who accuse China of a range of protectionist measures and failing to deliver on reform promises. Speaking after Xi, Macron complained that the US-China trade war “only creates losers” and was weighing on global growth.

But the French leader also said China’s market opening “must be speeded up and made more transparent”.

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