The Chinese leader has flown out to South Africa for the summit but asked his commerce minister to read out his remarks.

    • partial_accumen@lemmy.world
      link
      fedilink
      English
      arrow-up
      62
      arrow-down
      3
      ·
      2 years ago

      Mr Wang said “some country, obsessed with maintaining its hegemony, has gone out of its way to cripple the emerging markets and developing countries”.

      China is #2 in global GDP not far behind the USA. China clings to the “emerging markets” or “developing countries” labels for itself to in gain critical benefits of unequal trade imbalances and lack of regulation. It’s currency is now being used by a handful of countries instead of the USD/EURO. I’m not sure it can claim “emerging markets” or “developing countries” labels itself anymore.

    • twogems@lemm.ee
      link
      fedilink
      English
      arrow-up
      2
      ·
      2 years ago

      Has he tried blaming himself? Dictatorships are not successful as we’ve all learned.