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Xi says China to 'step up' market opening, raise imports
President Xi Jinping on Monday pledged to widen access to China's economy, while delivering a veiled rebuke to Trumpism, as he kicked off an import fair amid growing foreign accusations his government was backtracking on grand reform promises. Xi said China would "step up" efforts to stimulate imports, lower tariffs, ease customs clearance procedures, and implement harsh punishments for intellectual property infringements. "It is our sincere commitment to open the Chinese market," Xi said in an address opening the event in Shanghai. He added that China would endeavour to "foster a world-class business environment" and ... (full story)
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