HONG KONG -- Chinese President Xi Jinping called on all countries to pursue a "mutually beneficial" strategy amid the global economic downturn and rising unilateralism in a much-anticipated speech on Wednesday to mark the Shenzhen Special Economic Zone's 40th anniversary.
While Xi did not make a direct reference to current U.S.-China tensions, he noted that globalization has "encountered a countercurrent" with the rise of protectionism and unilateralism, which he said has resulted in shrinking international trade and investment.
