World News: 11:40 GMT Wednesday 15th May 2019. [Yahoo Celebrity Feed via SPi World News]
China will only be more open to the world, President Xi Jinping said on Wednesday, as he denounced as 'stupid' those who believe in cultural superiority, in his first public address since trade tension with the United States spiked last week. China and the United States are locked in an escalating trade war, with both levying tariffs on each other's imports. China on Monday announced higher tariffs on $60 billion worth of U.S. goods, effective on June 1, in retaliation for a U.S. decision on Friday to raise levies on $200 billion worth of Chinese imports.
Read More: https://news.yahoo.com/trade-war-bites-chinas-xi-preaches-openness-054033744.html
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