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Thursday, 23 February 2017

Chinese Communist leader defends globalization while US talks isolationism

Chinese Communist leader defends globalization while US talks isolationism
- On the contrary, far from extolling global capitalism, Xi’s speech carried a critical edge, pointing to the contradictions of a system that produces material wealth as never before while leading to increasing inequalities and social turmoil. Highlighting the lack of fairness in the international order, Xi called for priority to be given to job creation, innovation, green growth and, above all, tackling poverty. “Over 700 million people in the world,” he noted, “are still living in extreme poverty. For many families, to have warm houses, enough food and secure jobs is still a distant dream. This is the biggest challenge facing the world today.”