China renews call for building FTAAP as economic globalization falters
2016-11-20 08:38:42 source：Xinhua News Agency
November 20, 2016
China on Saturday renewed its call for pushing forward the building of a Free Trade Area of the Asia-Pacific (FTAAP), as protectionism has dented global trade and economic globalization.
The FTAAP "is a strategic initiative critical for the long-term prosperity of the Asia-Pacific," Chinese President Xi Jinping said while delivering a keynote speech at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Lima, Peru's capital.
"We should firmly pursue the FTAAP as an institutional mechanism for ensuring an open economy in the Asia-Pacific," he told global business leaders.
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