Chinese President Xi Jinping has once again made his stance clear on the growing trade tensions shaking the global economy.During a meeting in Beijing with Azerbaijan President Ilham Aliyev on April 23,

Standing outside his friend’s cupcake shop, he says Donald Trump’s levies are a sign that America feels threatened by China’s rise. America’s power is declining, he says. “To be honest, what you feel in today’s world is that hegemony is very hard to achieve.

Amid intensifying trade hostilities between China and the United States, Chinese President Xi Jinping has condemned the imposition of tariffs, warning they threaten global economic stability and undermine the multilateral trading framework.