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At Davos, China calls out ‘unilateral acts’ as it pitches itself as reliable trade partner amid Trump tensions

January 20, 2026

Trending:Greenland standoffTrump tariffsNitin NabinNoida techie death1 year of Trump 2.0India vs NZ T20 seriesAt Davos, China calls out ‘unilateral acts’ as it pitches itself as reliable trade partner amid Trump tensionsFP News Desk • January 20, 2026, 20:19:03 ISTWhatsapp Facebook TwitterChina’s Vice Premier He Lifeng on Tuesday projected his country as a champion of the rules-based international order during a speech at the World Economic Forum, delivering a veiled critique of the Trump administrationAdvertisementSubscribe Join Us+ Follow us On GoogleChoose Firstpost on GoogleChinese Vice Premier He Lifeng speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, on Tuesday. ReutersChina’s Vice Premier He Lifeng on Tuesday projected his country as a champion of the rules-based international order during a speech at the World Economic Forum, delivering a veiled critique of the Trump administration. Chinese Vice Premier He Lifeng at Davos:China never seeks a trade surplus. On top of being the world’s factory, China hopes to become the world’s market. Clash Report (@clashreport) January 20, 2026STORY CONTINUES BELOW THIS AD“The unilateral acts and trade deals of certain countries clearly violate the fundamental principles and rules of the (World Trade Organization), and severely impact the global economic and trade order,” said He, adding that the world should not slide back into “the law of the jungle, where the strong bully the weak.”His remarks come amid rising tensions between the European Union and the United States over Washington’s threats to annex Greenland by force. The dispute has prompted President Donald Trump to warn several European countries of potential new duties after they sent troops to the North Atlantic island. Quick ReadsView AllJapan: Three things Takaichi aims to achieve with snap polls'International gangster': UK leader brands Trump a 'bully' and 'corrupt', warns ties with US at risk amid Greenland tensionsMeanwhile, Canada, also affected by US trade measures, has moved closer to China in response.

Reuters

Credit: Chinese Vice Premier He Lifeng speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, on Tuesday.

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Last week, Ottawa signed an agreement with Beijing to liberalise trade in agricultural goods and electric vehicles, signaling a shift in its economic partnerships despite being a longtime US ally.“Tariffs and trade war have no winners,” said He, praising the benefits of “free trade and economic globalisation.” He said that the global trade system was facing its biggest challenge in years. STORY CONTINUES BELOW THIS ADHe urged countries not to turn their backs on globalisation and trade liberalisation, which he said had helped “many countries, including China” achieve “fast development.”He acknowledged that globalisation “wasn’t perfect” but warned it would be wrong for nations to retreat into “self-imposed isolation.”China’s vice premier defends economic modelHe also addressed criticisms of China’s economic model, which produced a record trade surplus of nearly $1.2 trillion in 2025. In Europe, such high levels of exports have raised concerns that Chinese goods could undercut European businesses across industries including automotive. The vice premier emphasised that China’s goals extend beyond exporting goods, asserting that the country wants to be the “world’s market.”He added, however: “When China wants to buy, other countries don’t want to sell,” referencing US restrictions on the sale of advanced microchips used in AI technology. Beijing is prioritising domestic demand, He said, even as household consumption has lagged for decades, accounting for less than 40 per cent of GDP last year — well below the global average of over 60 per cent, according to World Bank data. STORY CONTINUES BELOW THIS ADEconomists argue that boosting household income could help China absorb its manufacturing surplus, reducing pressure on exports, while also increasing demand for foreign goods, including European luxury products.“We encourage businesses from around the world to seize the opportunities presente.

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At Davos, China calls out ‘unilateral acts’ as it pitches itself as reliable trade partner amid Trump tensions

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At Davos, China calls out ‘unilateral acts’ as it pitches itself as reliable trade partner amid Trump tensions

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