Hailing Indian Prime Minister Narendra Modi‘s Davos speech, China said that both countries share a common interest and they should join hand in fighting practices like protectionism.
During his speech at Davos, Modi likened Protectionism to Terrorism and it was kind of veiled attack on Trump’s ‘America first Policy’.
Modi said many countries were becoming inward focused and globalization was shrinking and such tendencies can’t be considered lesser risk than terrorism or climate change.
“We have noticed Prime Minister Modi remarks against protectionism and his remarks showed that globalization is a trend of the times. It serves the interest of all countries including developing countries,” Foreign Ministry spokesperson Hua Chunying said.
“(In) fighting against protectionism and promoting globalization, China and Indian share a lot of common interests,” Hua added.
Hua recalled Chinese President Xi Jinping’s last year speech at Davos in which he had spoken against protectionism.
“China would like to enhance the coordination and coordination with all countries including India to steer the economic globalization towards benefitting world economic growth and the well-being of all countries.”
“Our position is clear. India is a big neighbor of China. As two largest developing countries and as two closed neighbors, we, of course, hope that we maintain sound and steady development of our bilateral relations. It serves the interest of two sides.
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