BEIJING: China’s number two leader told a gathering of business executives in Beijing on Sunday that the country would “adhere to the correct direction of economic globalization” in the face of “fragmentation.”
The China Development Forum convenes amid a renewed trade war with Washington, with the return of Donald Trump to the White House threatening China’s booming exports.
Beijing has been seeking to steer a shaky economy onto a more stable path since the end of the pandemic, particularly by boosting consumption.
“China will firmly stand on the correct side of history, that of fairness and justice, and act in a righteous manner amid the rough waters of the times,” Premier Li Qiang told the Chinese officials and global business executives.
China will “adhere to the correct direction of economic globalization, practice true multilateralism and strive to be a force for stability and certainty,” he added.
The Chinese premier said that “today, global economic fragmentation is intensifying,” adding that “instability and uncertainty are on the rise.”
Li’s speech came at the opening of the annual China Development Forum, attended this year by prominent business leaders including Apple CEO Tim Cook.
Chinese to pursue ‘correct’ path of globalization
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Chinese to pursue ‘correct’ path of globalization
- “China will firmly stand on the correct side of history, that of fairness and justice," Premier Li Qiang tells global business executives
- The China Development Forum convenes amid a renewed trade war with the US under Trump threatening China’s booming exports
France’s Le Pen insists party acted in ‘good faith’ at EU fraud appeal
- Le Pen said on her second day of questioning that even if her party broke the law, it was unintentional
- She also argued that the passage of time made it “extremely difficult” for her to prove her innocence
PARIS: French far-right leader Marine Le Pen told an appeals trial on Wednesday that her party acted in “good faith,” denying an effort to embezzle European Parliament funds as she fights to keep her 2027 presidential bid alive.
A French court last year barred Le Pen, a three-time presidential candidate from the far-right National Rally (RN), from running for office for five years over a fake jobs scam at the European institution.
It found her, along with 24 former European Parliament lawmakers, assistants and accountants as well as the party itself, guilty of operating a “system” from 2004 to 2016 using European Parliament funds to employ party staff in France.
Le Pen — who on Tuesday rejected the idea of an organized scheme — said on her second day of questioning that even if her party broke the law, it was unintentional.
“We were acting in complete good faith,” she said in the dock on Wednesday.
“We can undoubtedly be criticized,” the 57-year-old said, shifting instead the blame to the legislature’s alleged lack of information and oversight.
“The European Parliament’s administration was much more lenient than it is today,” she said.
Le Pen also argued that the passage of time made it “extremely difficult” for her to prove her innocence.
“I don’t know how to prove to you what I can’t prove to you, what I have to prove to you,” she told the court.
Eleven others and the party are also appealing in a trial to last until mid-February, with a decision expected this summer.
- Rules were ‘clear’ -
Le Pen was also handed a four-year prison sentence, with two years suspended, and fined 100,000 euros ($116,000) in the initial trial.
She now again risks the maximum sentence of 10 years in prison and a one-million-euro ($1.16 million) fine if the appeal fails.
Le Pen is hoping to be acquitted — or at least for a shorter election ban and no time under house arrest.
On Tuesday, Le Pen pushed back against the argument that there was an organized operation to funnel EU funds to the far-right party.
“The term ‘system’ bothers me because it gives the impression of manipulation,” she said.
EU Parliament official Didier Klethi last week said the legislature’s rules were “clear.”
EU lawmakers could employ assistants, who were allowed to engage in political activism, but this was forbidden “during working hours,” he said.
If the court upholds the first ruling, Le Pen will be prevented from running in the 2027 election, widely seen as her best chance to win the country’s top job.
She made it to the second round in the 2017 and 2022 presidential polls, before losing to Emmanuel Macron. But he cannot run this time after two consecutive terms in office.
