China's Xi Stresses Open Trade in Talks With UK in Bid to Counter US Decoupling Policy: Insiders
Beijing has employed various tactics including courting Europe to make it difficult for the U.S. supply chain to decouple from China, insiders said.
TL;DR
- Xi Jinping and UK Prime Minister Andy Burnham held their first known phone conversation since Burnham took office.
- Xi emphasized multilateralism and open trade, stating both China and the UK support these principles.
- He called for stepping up coordination through multilateral frameworks.
- Xi also urged the two countries to work together for inclusive economic globalization.
- Insiders believe Xi is using economic globalization to counter the US decoupling policy.