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Chinese language President Xi Jinping on globalization, multilateral commerce 

Chinese language President Xi Jinping attends the World Financial Discussion board WEF Digital Occasion of the Davos Agenda and delivers a particular handle through video hyperlink in Beijing, capital of China, Jan. 25, 2021.

Li Xueren | Xinhua Information Company | Getty Photos

Chinese language President Xi Jinping mentioned Tuesday his nation won’t pursue hegemony no matter how highly effective it turns into.

“Nonetheless robust it might develop, China won’t ever search hegemony, enlargement or a sphere of affect, nor will China ever have interaction in an arms race,” Xi mentioned on the opening ceremony of the annual Boao Discussion board for Asia within the Chinese language province of Hainan.

Xi additionally promoted China as a champion for globalization and the multilateral buying and selling system.

With out naming any international locations, Xi mentioned worldwide guidelines shouldn’t be set by one or a couple of international locations.

U.S.-China relations have been off to a tough begin beneath the administration of President Joe Biden.

Biden mentioned final month that China has “an general objective to develop into the main nation, the wealthiest nation on the planet and essentially the most highly effective nation on the planet.” Biden mentioned he won’t let that occur beneath his watch.

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