China’s President Xi Jinping delivers a speech during the opening of the Boao Forum for Asia (BFA) Annual Conference 2018 in Boao, south China’s Hainan province on April 10, 2018.
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China launched the first import expo last November in a bid to promote the country as a buyer of the world’s goods, in contrast to the longstanding perception of it primarily being a manufacturer. The world’s second-largest economy is also trying to rely more on domestic consumption amid a slowdown in its growth rate. Imports in U.S. dollar terms fell…