Sanctions only make world economy worse: FM spokesperson

Spokesperson Zhao Lijian also said that 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. 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…

BEIJING, May 5 (Xinhua) — Facts have already proved that sanctions cannot bring peace but only make the world economy worse, a Chinese foreign ministry spokesperson said Thursday.

Spokesperson Zhao Lijian also said that 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.

Zhao made the remarks 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.

China stands ready to work with all parties to contribute to stabilizing global industrial and supply chains, promoting world economic recovery, and boosting global confidence in development, the spokesperson said.

Zhao also stressed that 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. He 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, he said. Enditem

ANA NEWS WIRE Disclaimer:
The African News Agency (ANA) is a news wire service and therefore subscribes to the highest standards of journalism as it relates to accuracy, fairness and impartiality.
ANA strives to provide accurate, well sourced and reliable information across Text, Images and Video. Where errors do appear, ANA will seek to correct these timeously and transparently.
The ANA platform also contains news and information from third party sources. ANA has sought to procure reliable content from trusted news sources but cannot be held responsible for the accuracy and opinions provided by such sources on the ANA platform or linked sites.
The content provided for on the ANA News Wire platform, both through the ANA news operation and via its third party sources, are for the sole use of authorised subscribers and partners. Unauthorised access to and usage of ANA content will be subject to legal steps. ANA reserves its rights in this regard.
ANA makes every effort to ensure that the website is up and running smoothly at all times, however ANA does not take responsibility for, and will not be held liable for times when the website is temporarily unavailable due to technical issues that are beyond our control.