Russia, China unite against US economic brinkmanship
Tehran (KNA) - Russian President Vladimir Putin and his Chinese counterpart, Xi Jinping, say the global economic system must change in such a way as to stop the United States from being able to exert economic pressure on world countries.
Presidents Putin and Xi criticized the "inequalities" in the global economic system and pledged to boost cooperation between their countries at the annual Saint Petersburg International Economic Forum (SPIEF) on Friday.
Putin said Washington was seeking to "extend its jurisdiction to the whole world" and condemned the "rhetoric of trade wars and sanctions," calling for the reconsideration of the role of the US dollar in global trade.
The Russian leader also lambasted US pressure against Chinese tech giant Huawei, saying, "They (American officials) are attempting not just to squeeze but to unceremoniously push [Huawei] out of the global market."
Source: PressTV