Xi Jinping promotes multilateral trade as China braces for Trump tariffs
Chinese President Xi Jinping has launched a diplomatic initiative following Donald Trump's re-election, anticipating new tariffs from the U.S. Xi attended global summits in Peru and Brazil, promoting multilateral trade and contrasting with Trump's "America First" approach. China's economy faces challenges from a property crisis, making it more vulnerable than before. At these summits, Chinese diplomats showed a shift towards a more collaborative stance, focusing on broader consensus rather than just national interests. This change marks a departure from previous meetings, where China's approach was more self-centered. Xi's efforts aim to strengthen China's position in the global trade landscape amid potential tensions with the U.S. and its allies.