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.

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