Xi Jinping calls for an open global economy

President of the People's Republic of China Xi Jinping. File photoBEJING, Jun 24China believes it is essential to create a favorable international environment for development and work together to build an open world economy and a more equitable global governance system, President Xi Jinping said on Friday. , the creation of «close circles» leads only to self-isolation, imposing sanctions can harm both oneself and others, and breaking ties and cutting off supplies is doomed to failure,» the Chinese leader said in a video conference speech at the BRICS Plus summit. .Some countries artificially create confrontation, Xi Jinping said, «We must wholeheartedly strive for development, jointly promote development, build an open world economy, build a more fair and reasonable system of global governance.» began work on Thursday in a videoconference format. The summit is attended by the heads of the countries of the association — Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Jair Bolsonaro, South African President Cyril Ramaphosa. Chinese President Xi Jinping presides. Friday's meeting is on building partnerships for global development in a new era to jointly implement the 2030 sustainable development agenda. The second day of the summit is attended not only by the leaders of the five BRICS countries, but also by the heads of a number of invited states, including Argentina, Egypt, Iran, Indonesia, Kazakhstan, Cambodia, Malaysia, Senegal, Thailand, Uzbekistan.Xi Jinping called on the BRICS countries to fight against unilateral sanctions