China's Xi Calls For Tariff Cuts At G20 Virus Talks

China's Xi calls for tariff cuts at G20 virus talks

Chinese President Xi Jinping on Thursday urged G20 countries to remove trade barriers in an effort to spur a global recovery after the economic shock of the coronavirus pandemic

Beijing, (APP - UrduPoint / Pakistan Point News - 26th Mar, 2020 ) :Chinese President Xi Jinping on Thursday urged G20 countries to remove trade barriers in an effort to spur a global recovery after the economic shock of the coronavirus pandemic.

"Xi urged G20 members to cut tariffs, remove barriers and facilitate the unfettered flow of trade" during his remarks at the emergency online summit, the official Xinhua news agency reported.

China has been hit hard by the COVID-19 outbreak since it emerged in the country late last year, with more than 80,000 infected and nearly 3,300 dead nationwide, according to official figures.

The world's second-largest economy ground to a halt in February as authorities shut factories and imposed drastic lockdowns to curb the spread of the disease.

Economic growth had already slowed as a result of the long-running trade war with the United States that saw billions of Dollars in tariffs slapped on trade between the two countries.

Your Thoughts and Comments