Kualalumpur: Chinese President Xi Jinping has denied speculation that his country is embroiled in tensions with Washington and Europe over technology and security. May distinguish itself from other business partners.
In a meeting with the chief executives of the respective regions of the Asia-Pacific region, Chinfing promised to open up the Chinese market widely in his address via video link, but announced that he was a communist in terms of technology and other industries from foreign rivals. Will not take any initiative to respond to party related complaints.
He denied speculation that Beijing could respond to US sanctions on its technology companies by separating its industries from global trading partners. China’s ruling Communist Party of China has promoted its own standards for mobile phones and other technologies that will encourage customers to be attracted to Chinese suppliers.
This has led to fears that the world market may disintegrate into smaller segments with inappropriate standards. “We will never go back in history by separating or forming a small section,” Chinfing said. Thursday’s event comes ahead of a meeting of Asia-Pacific Economic Cooperation (APEC) leaders hosted by Malaysia on Friday.
