China’s Foreign Minister Wang Yi, speaking at a business conference as part of the Greater Mekong Subregion Summit in Hanoi, in Vietnam, said China wants to share its development opportunities with other countries, but protectionism will mean closing the door into China. “China’s reform and opening up is in line with the interests of the Chinese people, and will also benefit other countries” Wang said, adding China will provide an even better investment environment for foreign companies, but he also added “Opening up should work both ways. China opens itself to other countries and hopes others will be open to China”.
Wang also said the country’s reform and opening up policy will neither be changed nor be affected by any external factors, referring to U.S. President Donald Trump’s move last week to slap up to $60 billion in tariffs on some Chinese imports.