China Rallies Asian Nations to Oppose ‘Bullying' in Jab at US [BNN Bloomberg (Canada)]
QUALCOMM Incorporated (QCOM)
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Source: BNN Bloomberg
of the world's leading power while trying to steady the countries' ties at the same time. “Hegemonic and bullying acts are deeply harmful,” Zhao Leji, the ruling Communist Party's third-ranking official, said at a keynote speech to the annual Boao Forum on Thursday attended by Asian leaders and global diplomats. “We must oppose trade protectionism and all forms of erecting barriers, decoupling or severing supply chains.” Zhao didn't name any country, but his remarks underscore China's continued efforts to promote a Chinese alternative to the US-led world order even as it courts American business leaders to help achieve an ambitious growth target this year. Read More: Boao Latest: PBOC Wants More Say for Asia at IMF; Clean Power Zhao, who is also chair of the top legislative body's standing committee, called upon Asian countries to “oppose power politics and hegemonic acts and maintain the regional order that accommodates the needs and interests of all parties.” His comments
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