China's Xi Warns Foreign Executives Of 'Severe' Trade Headwinds

Source: International Business Times

China’s President Xi Jinping speaks during a meeting with a group of foreign executives at the Great Hall of the People in Beijing on March 28, 2025. AFP Chinese leader Xi Jinping on Friday warned of "severe challenges" to global trade, vowing to open the country's door "wider and wider" to foreign firms as Beijing faces down a mounting trade war with the United States. Meeting executives including hedge fund boss Ray Dalio and Samsung Electronics chief Lee Jae-yong in Beijing's ornate Great Hall of the People, Xi warned that "unilateralism and protectionism" were on the rise.