Amid growing strains in global trade relations, Chinese Premier Li Qiang issued a warning about the increasing trend of protectionism and escalating economic frictions during the opening of the World Economic Forum (WEF) in Tianjin, northeastern China.
Li emphasized that the global economy is undergoing “profound changes,” pointing to the notable rise in protectionist measures and the intensifying nature of global trade conflicts. He stressed that the world economy is highly interconnected and asserted that “no country can achieve growth or prosperity in isolation.”
His remarks come against the backdrop of trade tensions that escalated in recent years, particularly during the administration of former U.S. President Donald Trump, whose tariff policies targeted several trading partners, most notably China.
Premier Li underscored the need for cooperation in the face of…