On Tuesday, Chinese foreign ministry spokesman Wang Wenbin urged everyone to work together to prevent national security constraints from hindering global economic growth at a routine press conference in Beijing.
China Sounds Alarm: National Security Restrictions Threaten Global Growth Prospects (Photo: Google)
World Cooperation Urged
Within the IMF, the second-highest official said in December that these restrictions might be bad for the world economy.
Wang underlined that the international community must collaborate to resolve national security restrictions-related issues. China fears steps that make business transactions harder will hurt foreign commerce and economic growth.
Geopolitical tensions are escalating and more nations are taking security measures. Not taking these steps together might break the global economy.
READ ALSO: US Delegation Urges Hong Kong And China To Protect Intellectual Property And Fight Digital Piracy To Boost Digital Trade
Risen National Security Concerns Call for Collaboration
The call for international collaboration highlights how nations are intertwined and how crucial it is to tackle challenges together as China aspires to become a global power.
Previous IMF warnings highlight the risks of limiting national security alone and the necessity to work together to sustain and improve global economic growth.
READ ALSO: Reduce China Dependency On US Dollars
