Chinese President Xi Jinping urged Asian nations to unite against "geopolitical confrontation" and protectionism during a visit to Malaysia, Reuters reported Wednesday.
The visit was part of a three-nation tour that also included Cambodia and Vietnam, according to the report.
Xi and Malaysian Prime Minister Anwar Ibrahim saw the signing of 31 cooperation agreements across trade, tourism, agriculture and infrastructure, Reuters wrote. While no details were provided, Xi emphasized regional solidarity amid US tariff hikes and global tensions.
Anwar said China is a stable partner who remains an ally amid the global geopolitical upheaval, according to the report.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.