Mekong countries’ leaders call for $66 billion investment
Asian Development Bank, regional governments to collaborate on plan
mechanism of the region and will make a concrete contribution to the economic and social development of member countries, promote sustainable development and reinforce the peaceful and stable environment in the region,” he said.
In the meantime, Chinese State Councilor and Foreign Minister Wang Yi said the world’s second-biggest economy supports “the multilateral trading system and promotes an open, inclusive and balanced economic globalization that benefits all.”
“China has long been an advocate of an open world economy. China is committed to win-win cooperation in opening up and firmly opposes trade protectionism,” Wang said. “Protectionism harms others without benefiting oneself — it is a one-way street that leads to nowhere. The right approach to address trade disputes is to conduct consultation in line with international rules and as equals.”
President Donald Trump’s move last week to impose tariffs on as much as $60 billion on Chinese goods prompted Beijing to consider imposing tariffs on a number of American goods exported to the country.