Xi Jinping has urged global business leaders to work together to protect supply chains at a meeting with a group of executives including Rajesh Subramaniam of FedEx and Bill Winters of Standard Chartered.
Amid a deepening trade war with the US, the Chinese leader told the group, which also included Pascal Soriot of AstraZeneca and Miguel Ángel López Borrego of Thyssenkrupp, that foreign business leaders should resist behaviours that “turn back the clock” on history.
“We hope everyone can take a broad and long-term view . . . and not blindly follow actions that disrupt the security and stability of global industrial and supply chains, but instead contribute more positive energy and certainty to global development,” Xi told the gathering in Beijing on Friday.