Xi says China will avoid 'decoupling'

Chinese president Xi Jinping says China will not pursue “decoupling” and will continue to open up to foreign businesses as he addressed Asia-Pacific leaders, days after the region approved a massive free-trade agreement. In a video speech on Thursday, Xi said China would not reverse its trend of integrating into the world economy. “We will not reverse course or run against the historical trend by ‘decoupling’ or forming a small circle to keep others out,” he said as part of the Asia-Pacific Economic Co-operation (APEC) summit, which is hosted this year by Malaysia but held virtually because of the pandemic….