When Chinese State Councilor and Foreign Minister Wang Yi spoke at the UN General Assembly on September 27, he did not name the United States and warned that economic and trade frictions may cause the world to fall into recession.
Wang Yi said that looking around the world, the world is not peaceful, unilateralism and protectionism are flooding the world, criticizing countries for wielding tariffs, proving economic friction, disrupting the global industrial chain and supply chain, damaging the multilateral trading system and the world. Economic and trade trends may even lead the world into a recession trap.
He mentioned that for economic friction and differences, China adheres to a calm, rational and cooperative approach. China is willing to show the greatest patience and goodwill. However, if we do not talk about integrity, do not talk about equality, and do not talk about rules, China must also make necessary reactions to safeguard its legitimate rights and interests and defend international fairness and justice.
Wang Yi believes that in the face of an uncertain international situation, China will maintain the stability and continuity of its foreign policy, stressing that China will continue to adhere to an independent foreign policy of peace, and China will never seek hegemony and will never expand.