PORT MORESBY, Papua New Guinea | China, US trade barbs in speeches at Pacific summit

16Nov - by Editor - 0 - In STL.News



PORT MORESBY, Papua New Guinea — China’s leader Xi Jinping and U.S. Vice President Mike Pence traded barbs in speeches to a summit of world leaders Saturday, outlining competing visions for global leadership.

Pence said there would be no letup in President Donald Trump’s policy of combating China’s mercantilist trade policy and intellectual property theft that has erupted into a trade war between the two world powers this year.

He harshly criticized China’s global infrastructure drive, calling many of the projects low quality and saddling developing countries with loans they can’t afford.

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