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  • Chinese President Xi Jinping delivers his speech at the opening of the BRICS Summit in Johannesburg Wednesday, July 25, 2017. The summit runs through Friday with various heads of BRICS attending.


    Chinese language President Xi Jinping delivers his speech on the opening of the BRICS Summit in Johannesburg Wednesday, July 25, 2017. The summit runs by way of Friday with varied heads of BRICS attending.

  • China's President Xi Jinping, left, with South African President Cyril Ramaphosa, middle, and Robert Haydn Davies, minister of trade and industry of South Africa, leave the stage after the opening of the BRICS Summit in Johannesburg, South Africa, Wednesday, July 25, 2018. The summit runs through Friday with various heads of BRICS attending.


    China’s President Xi Jinping, left, with South African President Cyril Ramaphosa, center, and Robert Haydn Davies, minister of commerce and business of South Africa, go away the stage after the opening of the BRICS Summit in Johannesburg, South Africa, Wednesday, July 25, 2018. The summit runs by way of Friday with varied heads of BRICS attending.

  • Chinese President Xi Jinping attends the opening session of the BRICS Summit in Johannesburg Wednesday, July 25 2018. The summit runs through Friday with various heads of BRICS attending.


    Chinese language President Xi Jinping attends the opening session of the BRICS Summit in Johannesburg Wednesday, July 25 2018. The summit runs by way of Friday with varied heads of BRICS attending.

  • Chinese President Xi Jinping applauds South African President Cyril Ramaphosa, right, at the opening of the BRICS Summit in Johannesburg Wednesday, July 25 2018. The summit runs through to Friday with various heads of BRICS attending.


    Chinese language President Xi Jinping applauds South African President Cyril Ramaphosa, proper, on the opening of the BRICS Summit in Johannesburg Wednesday, July 25 2018. The summit runs by way of to Friday with varied heads of BRICS attending.

  • China's President Xi Jinping waves as he leaves the stage after the opening of the BRICS Summit in Johannesburg, South Africa, Wednesday, July 25, 2018. The summit runs through Friday with various heads of BRICS attending.


    China’s President Xi Jinping waves as he leaves the stage after the opening of the BRICS Summit in Johannesburg, South Africa, Wednesday, July 25, 2018. The summit runs by way of Friday with varied heads of BRICS attending.

  • China's President Xi Jinping leave the stage after the opening of the BRICS Summit in Johannesburg, South Africa, Wednesday, July 25, 2018. The summit runs through Friday with various heads of BRICS attending.


    China’s President Xi Jinping go away the stage after the opening of the BRICS Summit in Johannesburg, South Africa, Wednesday, July 25, 2018. The summit runs by way of Friday with varied heads of BRICS attending.

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  • Chinese President Xi Jinping delivers his speech at the opening of the BRICS Summit in Johannesburg Wednesday, July 25 2017. The summit runs through Friday with various heads of BRICS attending.


    Chinese language President Xi Jinping delivers his speech on the opening of the BRICS Summit in Johannesburg Wednesday, July 25 2017. The summit runs by way of Friday with varied heads of BRICS attending.

  • Chinese President Xi Jinping delivers his speech at the opening of the BRICS Summit in Johannesburg Wednesday, July 25 2017. The summit runs through Friday with various heads of BRICS attending.


    Chinese language President Xi Jinping delivers his speech on the opening of the BRICS Summit in Johannesburg Wednesday, July 25 2017. The summit runs by way of Friday with varied heads of BRICS attending.

  • South African President Cyril Ramaphosa speaks during his opening of the BRICS Summit in JOhannesburg Wednesday, July 25 2018. The summit runs through Friday with various heads of BRICS attending.


    South African President Cyril Ramaphosa speaks throughout his opening of the BRICS Summit in JOhannesburg Wednesday, July 25 2018. The summit runs by way of Friday with varied heads of BRICS attending.

  • Chinese President Xi Jinping attends the opening session of the BRICS Summit in Johannesburg Wednesday, July 25 2018. The summit runs through Friday with various heads of BRICS attending.


    Chinese language President Xi Jinping attends the opening session of the BRICS Summit in Johannesburg Wednesday, July 25 2018. The summit runs by way of Friday with varied heads of BRICS attending.

  • South African President Cyril Ramaphosa speaks during his opening of the BRICS Summit in Johannesburg Wednesday, July 25 2018. The summit runs through Friday with various heads of BRICS attending.


    South African President Cyril Ramaphosa speaks throughout his opening of the BRICS Summit in Johannesburg Wednesday, July 25 2018. The summit runs by way of Friday with varied heads of BRICS attending.

  • Chinese President Xi Jinping delivers his speech at the opening of the BRICS Summit in Johannesburg Wednesday, July 25 2017. The summit runs through Friday with various heads of BRICS attending.


    Chinese language President Xi Jinping delivers his speech on the opening of the BRICS Summit in Johannesburg Wednesday, July 25 2017. The summit runs by way of Friday with varied heads of BRICS attending.

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  • Chinese President Xi Jinping, center, inspects the honour guard during an official welcoming ceremony at the government's Union Buildings in Pretoria, South Africa, Tuesday, July 24, 2018. Jinping is in the country to attend the three-day BRICS Summit starting Wednesday in Johannesburg.


    Chinese language President Xi Jinping, middle, inspects the honour guard throughout an official welcoming ceremony on the authorities’s Union Buildings in Pretoria, South Africa, Tuesday, July 24, 2018. Jinping is within the nation to attend the three-day BRICS Summit beginning Wednesday in Johannesburg.

  • South African President Cyril Ramaphosa speaks during his opening of the BRICS Summit in JOhannesburg Wednesday, July 25 2018. The summit runs through Friday with various heads of BRICS attending.


    South African President Cyril Ramaphosa speaks throughout his opening of the BRICS Summit in JOhannesburg Wednesday, July 25 2018. The summit runs by way of Friday with varied heads of BRICS attending.

  • Turkey's President Recep Tayyip Erdogan speaks to the media in Ankara, Turkey, Wednesday, July 25, 2018, before traveling to South Africa to attend an emerging national economies summit (BRICS). Erdogan has argued against severing economic ties with Iran as the United States readies for sanctions, saying it goes against the independence of states to cut ties with its "neighbor and strategic partner" because the U.S. demands it. (Presidential Press Service via AP, Pool)


    Turkey’s President Recep Tayyip Erdogan speaks to the media in Ankara, Turkey, Wednesday, July 25, 2018, earlier than touring to South Africa to attend an rising nationwide economies summit (BRICS). Erdogan has argued in opposition to severing financial ties with Iran as america readies for sanctions, saying it goes in opposition to the independence of states to chop ties with its “neighbor and strategic companion” as a result of the U.S. calls for it. (Presidential Press Service by way of AP, Pool)

  • JOHANNESBURG (AP) — Chinese language President Xi Jinping mentioned Wednesday the world faces “a alternative between cooperation and confrontation” amid a commerce battle with america that he warned would haven’t any winner.

    Those that pursue “financial hegemony” will “solely find yourself hurting themselves,” Xi mentioned on the annual summit of the BRICS rising economies, held this 12 months in Johannesburg.

    “Unilateralism and protectionism are mounting, dealing a extreme blow to multilateralism and the multilateral buying and selling regime,” he added in remarks vital of escalating U.S. tariffs on items from China, the world’s second-largest financial system, and different main buying and selling companions.

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    Simply hours earlier, U.S. President Donald Trump accused China of “vicious” techniques on commerce, tweeting that China was particularly focusing on U.S. farmers with retaliatory tariffs as a result of “they know I like & respect” them.

    The opposite leaders of BRICS international locations — Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, South African President Cyril Ramaphosa and Brazilian President Michel Temer — are anticipated to hitch the three-day summit. Turkey’s president, Recep Tayyip Erdogan, has additionally been invited.

    Ramaphosa additionally expressed concern about “the rise in unilateral measures which are incompatible with World Commerce Group guidelines” and are particularly damaging to creating international locations.

    Trump’s feedback on China got here after his administration introduced a plan to offer $12 billion in emergency aid for farmers who’ve been slammed by the president’s commerce disputes. China has retaliated to American tariffs with duties on some U.S. merchandise.

    The Chinese language chief instructed the summit that “we face a alternative between cooperation and confrontation, between opening up and a closed-door coverage.”

    “The present worldwide order isn’t good,” Xi mentioned, however it shouldn’t be discarded “so long as it’s rule-based, goals to be equitable and pursues win-win outcomes as its targets.”

    Observe Africa information at https://twitter.com/APAfrica

            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            



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