Xi Jinping hits out at US as he urges China's private firms to 'fight' alongside Communist Party | CNN Business

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Xi Jinping hits out at US as he urges China's private firms to 'fight' alongside Communist Party | CNN Business
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China’s leader Xi Jinping hit out at the United States with unusually direct comments as he called on the country’s private companies to “fight” alongside the Communist Party at a time of mounting challenges at home and abroad.

“[In the past five years,] Western countries led by the United States have contained and suppressed us in an all-round way, which has brought unprecedented severe challenges to our development,” Xi told a group of government advisers representing private businesses during an annual legislative meeting in Beijing on Monday. China’s top leader usually avoids directly attacking the US in public even as relations between Beijing and Washington have deteriorated sharply in recent years.

” His exhortation comes after the Chinese economy posted its second worst annual growth rate in nearly half a century. Business confidence has plummeted following an unprecedented regulatory crackdown on the private sector and increasing uncertainties about China’s future path. On Tuesday, customs data showed China’s exports fell nearly 7% in the January-to-February period, extending a decline from previous months, as global demand weakened. Imports dropped 10.2%.

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