China's Xi Slams Sanctions for 'Weaponizing' World Economy at BRICS

President Xi Jinping criticized global sanctions at the BRICS summit, highlighting their negative impact on the world economy. He emphasized China's geopolitical strategy, focusing on relations with emerging markets amid strained Western ties. The discussion also covered potential US-China tariff reviews, which could alleviate inflation and benefit both nations. Additionally, China's economic reforms aim to support platform economies, easing regulations on big tech companies to boost employment.

What are the implications of the tariffs on China as discussed in the speech?

What steps is China considering to support its economy, particularly in the fintech sector?