BEIJING, June 23 (Xinhua) — Chinese President Xi Jinping on Wednesday said the act of willfully imposing sanctions will bring disasters to people around the world.
Xi made the remarks when he delivered a keynote speech in virtual format at the opening ceremony of the BRICS Business Forum.
Describing sanctions as boomerangs and double-edged swords, Xi said those who politicize, leverage and weaponize global economy and willfully impose sanctions by taking advantage of dominance in international financial and monetary systems will eventually harm others and themselves and bring disasters to people around the world.
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Xinhua News Agency, founded on November 7, 1931, is China’s national news agency as well as a global news and information network. Xinhua has set up a global news and information gathering network, with headquarters in Beijing, 33 domestic bureaus in provinces, autonomous regions and municipalities plus the special administrative regions of Hong Kong and Macao, as well as 140 bureaus in the rest of the world. Xinhua is yet to set up a bureau in Taiwan, where it has posted resident correspondents. Xinhua provides its worldwide subscribers with news and financial information products in the forms of text, photo, graphics, audio, video, and mobile phone text messages 24 hours a day in eight languages: Chinese, English, French, Russian, Spanish, Arabic, Portuguese and Japanese.
