China doesn’t seek world domination, its president says

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By The Associated Press

BEIJING — China will never pursue hegemony, President Xi Jinping said Tuesday as global concerns persist over the country’s growing economic influence.

During a speech to mark 40 years of market reforms, Xi repeated China’s commitment to a multilateral trading system and further opening of its economy. However, he did not announce any new initiatives to counter a slowing economy and trade frictions with the United States.

Xi said China would not develop “at the expense of other countries’ interests.”

China’s expanding footprint worldwide — from Asia-Pacific to Africa and beyond through a broad network of infrastructure projects called the Belt and Road Initiative — has led some nations to raise the alarm over what they call China’s long arm of influence, which has been criticized for being political as well as economic.

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