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China to work with Asia to secure world trade, ex-PBOC head says

Bloomberg
Bloomberg • 2 min read
China to work with Asia to secure world trade, ex-PBOC head says
(Sept 22): China will work with other Asian countries to safeguard international trade rules, as well as the monetary and financial order, according to its former central bank Governor Zhou Xiaochuan.
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(Sept 22): China will work with other Asian countries to safeguard international trade rules, as well as the monetary and financial order, according to its former central bank Governor Zhou Xiaochuan.

The country is determined to uphold multilateralism, and is accelerating the pace of its opening-up to integrate more completely into the global economy, Zhou said Saturday at the Singapore Summit conference. It will also continue to build the Belt and Road Initiative with Asian counterparts.

“The latest months of 2019 have witnessed many twists and turns and escalating trade sanctions,” said Zhou. “We sincerely hope that the trade negotiations, which just renewed and will have significant talks in October, can help narrow divergence and get discussions back on track.”

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