Xi Hits Back at Critics Who Call China's Opening Up 'a Joke'

The transcript discusses the escalating trade tensions between the US and China. US Secretary of State Mike Pompeo criticized China's pledges of openness, calling them a joke. In response, Chinese President Xi Jinping advocated for cooperation and warned against Cold War mentalities. The Chinese Ministry of Commerce criticized US tariffs, while US Commerce Secretary Wilbur Ross emphasized the US's strategic advantage in the trade war. The discussion also highlights potential Chinese retaliation against US businesses, particularly in the aviation sector, with Airbus potentially gaining an edge over Boeing.

What was the main criticism made by Mike Pompeo about China's economic policies?

• They are predatory and lack openness.

• They are beneficial to global trade.

• They are too open and transparent.

• They are focused on environmental sustainability.

What did Xi Jinping suggest nations should abandon in his speech?

• Cold War mentalities and zero-sum games

• Technological advancements

• Cultural exchanges

• Economic growth strategies

According to the US Commerce Secretary, what advantage does the US have in the trade war with China?

• More allies in Asia

• Better diplomatic relations

• A larger economy

• More tariffs to impose

What sector could China target to retaliate against the US, as mentioned in the transcript?

• Agriculture

• Technology

• Aviation

• Automobiles

Which European leader is mentioned as visiting China to negotiate a deal for Airbus?

• German Chancellor

• French Prime Minister

• British Prime Minister

• Italian President