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‘Sanctions Only Make World Economy Worse’, China Warns

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‘Sanctions Only Make World Economy Worse’, China Warns

As the world’s largest economy, the United States should think more about the right to subsistence and development of people around the world, and do more that is conducive to the recovery of the global economy.

Monitoring Desk

Facts have already proved that sanctions cannot bring peace but only make the world economy worse, China’s Foreign Affairs Ministry spokesperson Zhao Lijian said Thursday.

The United States, as the world’s largest economy, should do more that is conducive to the recovery of the global economy and the stability of the global supply chain, he said when asked to comment on report that the International Monetary Fund (IMF) recently downgraded its 2022 global economic growth forecast to 3.6 percent.

Noting that economic recovery is the common aspiration of people from all countries, Zhao said that in the face of instabilities and uncertainties, China’s economy has always contributed positive energy to the world economy.

National economic data for the first quarter of 2022 showed that China’s economy has continued to sustain its recovery and development momentum, and its foreign trade and foreign investment continued to improve, showing strong resilience and vitality, he said.

Global economic recovery requires the concerted efforts of the international community. Facing a sluggish and fragile global economy, the United States and a handful of other countries are sticking to their own interests and blindly increasing unilateral sanctions, Zhao said.

“Facts have already proved that sanctions cannot bring peace but only make the global economy worse, and the big stick of sanctions is actually hitting the people of all countries.”

As the world’s largest economy, the United States should think more about the right to subsistence and development of people around the world, and do more that is conducive to the recovery of the global economy and the stability of the global supply chain, Zhao said.

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Courtesy: TeleSur