China says BRICS summit expected to oppose trade protectionism

Record ID: 908701

  • Title: China says BRICS summit expected to oppose trade protectionism
  • Date: 3rd September 2017
  • Summary: XIAMEN, FUJIAN PROVINCE, CHINA (SEPTEMBER 3, 2017) (REUTERS) CHINESE VICE COMMERCE MINISTER WANG SHOUWEN AND OFFICIALS TAKING SEATS FOR BRIEFING MEDIA (SOUNDBITE) (Mandarin) CHINESE VICE COMMERCE MINISTER, WANG SHOUWEN, SAYING: "We hope to reach consensus for actions in support of the multilateral trade system and oppose trade protectionism." MEDIA (SOUNDBITE) (Mandarin) CHINESE VICE COMMERCE MINISTER, WANG SHOUWEN, SAYING: "China will uphold the BRICS spirit of being open, inclusive, cooperative and mutually profitable. We will proceed with all member countries to achieve success at the Xiamen summit and take a new step forward in cooperation amongst BRICS countries." MEDIA TAKING PICTURES AND FILMING BRIEFING IN PROGRESS BRICS LOGO CHINESE VICE FINANCE MINISTER SHI YAOBIN AND OFFICIALS TAKING SEATS FOR BRIEFING MEDIA (SOUNDBITE) (Mandarin) CHINESE VICE FINANCE MINISTER SHI YAOBIN, SAYING: "In the meantime, the world's economic development is facing impact from other factors such as regional terrorism, trade protectionism and other new factors that arise in the process of economic growth. All of these can have a negative impact on the economic growth of BRICS countries." MEDIA (SOUNDBITE) (Mandarin) CHINESE VICE FINANCE MINISTER SHI YAOBIN, SAYING: "(These factors) also include the stability of Europe, BREXIT and the anti-globalization trend that has cropped up amid the US's development of economic policy, etc. All of these can bring uncertainty for BRICS economic development, and to some extent, it will be a negative impact." BRIEFING IN PROGRESS
  • Embargoed: 17th September 2017 09:07
  • Keywords: BRICS. China Xiamen commerce trade finance
  • Location: XIAMEN, FUJIAN PROVINCE, CHINA
  • City: XIAMEN, FUJIAN PROVINCE, CHINA
  • Country: China
  • Topics: Government/Politics,International Trade
  • Reuters ID: LVA0016X1JJ2D
  • Aspect Ratio: 16:9
  • Story Text:A meeting of the BRICS group of emerging economies is expected to rally against trade protectionism, China's vice trade minister said on Sunday (September 3), the first day of the summit in southeastern China.
    In a seperate news conference, China's vice finance minister also named a number of protectionist and anti-globalisation trends that create "uncertainty" for the development of BRICS countries' economies.
    Brazilian President Michel Temer also arrived at Xiamen Gaoqi International Airport on Sunday to attend the BRICS summit.
    The heads of state from Brazil, Russia, India, China and South Africa will gather in the city of Xiamen through Tuesday (September 5), giving China as host its latest chance to position itself as a bulwark of globalization in the face of U.S. President Donald Trump's "America First" agenda.
  • Copyright Holder: REUTERS
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