As the APEC summit takes place in Lima, Chinese President Xi Jinping has used this opportunity to advocate for economic globalization and criticize protectionism.

Xi Jinping's Call for Economic Globalization at APEC Amid Trump's Return

He emphasized the need to counteract the challenges facing economic globalization and highlighted the dangers of hindering economic cooperation.

Xi also discussed China's efforts to attract foreign investment, including expanding industries eligible for foreign investment and offering visa exemptions for foreign visitors.

China's Appeal as a Counterbalance to Protectionism

This speech comes before Xi's meeting with U.S. President Joe Biden, where China's appeal as a counterbalance to protectionism will be discussed.

The APEC summit has also provided a platform for Chinese business leaders to explore trade opportunities, particularly in Latin America.

China's Trade Connectivity with South America

China aims to enhance its trade connectivity with South America and strengthen its position as a leader in global trade.

However, concerns about China's economic practices may complicate the effectiveness of this strategy.

Future Trade Relations and Economic Cooperation

The outcomes of Xi's engagements in Lima, including his discussions with Biden, will shape future trade relations and economic cooperation.