Chindia Alert: You’ll be Living in their World Very Soon
aims to alert you to the threats and opportunities that China and India present. China and India require serious attention; case of ‘hidden dragon and crouching tiger’.
Without this attention, governments, businesses and, indeed, individuals may find themselves at a great disadvantage sooner rather than later.
The POSTs (front webpages) are mainly 'cuttings' from reliable sources, updated continuously.
The PAGEs (see Tabs, above) attempt to make the information more meaningful by putting some structure to the information we have researched and assembled since 2006.
BEIJING, Oct. 4 (Xinhua) — Chinese President Xi Jinping and his Guinean counterpart Alpha Conde on Friday exchanged congratulatory messages on the 60th anniversary of the establishment of the two countries’ diplomatic ties.
Noting that Guinea was the first sub-Saharan African country to establish diplomatic relations with the People’s Republic of China, Xi said in his message that over the past 60 years, the two countries have always maintained sincerity, friendship and mutual support no matter how the international situation changed, setting an example of unity and cooperation for China-Africa relations.
Xi said he attaches great importance to the development of China-Guinea relations, and values the traditional friendship between the two countries.
He said he is willing to work together with Conde, taking the 60th anniversary of bilateral diplomatic relations as a new starting point, to grasp the historical opportunity of jointly building the Belt and Road and the flourishing development of China-Africa cooperation, cement friendship and mutual trust, and deepen practical cooperation.
The two sides should continue to promote the development of China-Guinea comprehensive strategic cooperative partnership, so as to benefit both countries and peoples, and further contribute to building an even stronger China-Africa community with a shared future, said the Chinese leader.
Conde, for his part, said that the establishment of Guinea-China diplomatic relations has great significance to the development of Africa-China ties. For a long time, the two countries have maintained special, friendly relations, representing an epitome of Africa-China friendly cooperation.
Guinea highly appreciates the Belt and Road Initiative, and is willing to work together with the Chinese side to cement their traditional friendship, carry out the outcomes of the Beijing Summit of the Forum on China-Africa Cooperation, and promote continuous and in-depth development of China-Guinea comprehensive strategic cooperative partnership, Conde added.
The trip comes amid growing resistance from European leaders over what they see as China’s failure to change long-term practices unfair to foreign investors
French President’s trip to Beijing follows Chinese leader’s visit to France in March
President Emmanuel Macron of France speaks to the Council of Europe parliamentary assembly on Tuesday. Photo: AFP
French President Emmanuel Macron will visit China next month as Europe’s most diplomatically active leader focuses on climate change cooperation and trade promotion with Asia’s leading power, a source briefed on the Elysee Palace’s discussions said.
This will be the second Chinese tour for Macron since he took office in 2017, and it will come amid escalating resistance from European politicians and business communities over what they see as China’s failure to change long-standing practices unfair to foreign investors.
His visit also comes at a time when France – as well as the European Union as a whole – is bracing for Washington’s potential levies of tariffs on European products, and the lack of progress on climate change policies with US President Donald Trump’s administration.
“President Macron will meet President Xi [Jinping], while France strives for better cooperation with China on climate and trade,” the source said. “His itinerary is still in the pipeline, but he is expected to visit Beijing and Shanghai.”
Macron, 41, who is widely seen as emerging as Europe’s most aggressive leader filling the political vacuum left by German Chancellor Angela Merkel’s political twilight, has cast himself as an honest broker between Russia and Ukraine, and between the US and Iran.
He has also been critical of China’s influence in Europe, joining forces with Merkel to push for a tougher EU stance on the world’s second biggest economy.
In March, when Xi claimed a major diplomatic victory by clinching a memorandum of understanding with Italy on the Belt and Road Initiative, Macron declared: “The time of European naivety is ended. For many years we had an uncoordinated approach and China took advantage of our divisions.”
Macron also backed investment screening mechanisms for Chinese business moves in Europe, while endorsing plans to change the EU’s notoriously strict antitrust rules in order to facilitate mergers between large European groups and companies to counter Chinese companies’ global ambitions.
Macron urges Iran and US to show ‘courage of building peace’
The EU is also wary of China’s effort to “divide and rule” the European Union. Greece and Hungary – both recipients of large amounts of Chinese investments – have repeatedly wanted to water down EU’s stance on issues deemed sensitive to Beijing, including the South China Sea and China’s human rights violations.
“It would be good [for Macron] to stress that 17+1 is irritating,” said Joerg Wuttke, president of EU Chamber of Commerce in China, in reference to China’s engagement with a group of EU and non-EU member states in eastern and southeastern Europe.
“After all, the EU has a ‘one China’ policy, [so] EU could expect this position from China too.”
Macron’s domestic call for EU unity has translated into diplomatic appeals, with China being one of the targets.
(From left) Jean-Claude Juncker, president of the European Commission; Xi Jinping, China’s leader; Emmanuel Macron, France’s president; and Angela Merkel, Germany’s chancellor, ahead of a meeting in Paris on March 26. Photo: Christophe Morin/Bloomberg
When Xi visited France in March, Macron hosted him at the Elysee Palace in the presence of Merkel and European Commission President Jean-Claude Juncker, showcasing European solidarity when it comes to EU-China policies.
In terms of French-Chinese bilateral ties, trade imbalances have persisted after Macron called for a “rebalancing” during his last visit.
France has a 1.4 per cent market share in China, compared with China’s 9 per cent market share in France. China represents France’s largest bilateral trade deficit, totalling €US$29.2 billion (US$31.9 billion) last year, ahead of Germany.
The EU has been calling for reciprocal investment treatment with China, a call that European business leaders in China expect Macron to make.
France bids farewell to late president Jacques Chirac
“We [Europe] need … a solid investment agreement to allow EU business to conduct their affairs in a similar manner as Chinese companies can operate in Europe. The agreement should be finalised in 2020, but not at all cost,” said Wuttke.
“The last thing EU business needs in China is a weak agreement that institutionalises imbalances,” he added.
Part of that involves building “more efficient defensive tools to prevent abusive technology transfers and to address the deep asymmetry in EU-China relations when it comes to access to public procurement markets,” said Mathieu Duchâtel, director of Asia programme at the Paris-based think tank Institut Montaigne.
Duchâtel added that it was also important to convey the message to Beijing that there are areas for cooperation even amid a more defensive China policy from France.
Chinese President Xi Jinping and French leader Emmanuel Macron toast raise a toast during a state dinner in Paris on March 25. Photo: EPA-EFE
One such area is the climate and environment, where China is “an important partner” for France to reach its goal of global carbon neutrality by 2050, he said.
“The energy/environment agenda is a political priority in Paris and one of very few issues on which cooperation with China remains promising and will continue to create business opportunities,” he said.
China is the world’s biggest carbon polluter, producing around 30 per cent of the planet’s man-made carbon dioxide. It remains committed to the 2015 Paris accord on climate change, even after Trump pulled the US out of the deal.
Under the agreement, the long-term temperature goal is to keep the increase in global average temperature to well below 2°C above pre-industrial levels, and to pursue efforts to limit the increase to 1.5°C.
It took China less than 70 years to emerge from isolation and become one of the world’s greatest economic powers.
As the country celebrates the anniversary of the founding of the People’s Republic of China, we look back on how its transformation spread unprecedented wealth – and deepened inequality – across the Asian giant.
“When the Communist Party came into control of China it was very, very poor,” says DBS chief China economist Chris Leung.
“There were no trading partners, no diplomatic relationships, they were relying on self-sufficiency.”
Over the past 40 years, China has introduced a series of landmark market reforms to open up trade routes and investment flows, ultimately pulling hundreds of millions of people out of poverty.
The 1950s had seen one of the biggest human disasters of the 20th Century. The Great Leap Forward was Mao Zedong’s attempt to rapidly industrialise China’s peasant economy, but it failed and 10-40 million people died between 1959-1961 – the most costly famine in human history.
This was followed by the economic disruption of the Cultural Revolution in the 1960s, a campaign which Mao launched to rid the Communist party of his rivals, but which ended up destroying much of the country’s social fabric.
‘Workshop of the world’
Yet after Mao’s death in 1976, reforms spearheaded by Deng Xiaoping began to reshape the economy. Peasants were granted rights to farm their own plots, improving living standards and easing food shortages.
The door was opened to foreign investment as the US and China re-established diplomatic ties in 1979. Eager to take advantage of cheap labour and low rent costs, money poured in.
“From the end of the 1970s onwards we’ve seen what is easily the most impressive economic miracle of any economy in history,” says David Mann, global chief economist at Standard Chartered Bank.
Through the 1990s, China began to clock rapid growth rates and joining the World Trade Organization in 2001 gave it another jolt. Trade barriers and tariffs with other countries were lowered and soon Chinese goods were everywhere.
“It became the workshop of the world,” Mr Mann says.
Take these figures from the London School of Economics: in 1978, exports were $10bn (£8.1bn), less than 1% of world trade.
By 1985, they hit $25bn and a little under two decades later exports valued $4.3trn, making China the world’s largest trading nation in goods.
Poverty rates tumble
The economic reforms improved the fortunes of hundreds of millions of Chinese people.
The World Bank says more than 850 million people been lifted out of poverty, and the country is on track to eliminate absolute poverty by 2020.
At the same time, education rates have surged. Standard Chartered projects that by 2030, around 27% of China’s workforce will have a university education – that’s about the same as Germany today.
Rising inequality
Still, the fruits of economic success haven’t spread evenly across China’s population of 1.3 billion people.
Examples of extreme wealth and a rising middle class exist alongside poor rural communities, and a low skilled, ageing workforce. Inequality has deepened, largely along rural and urban divides.
“The entire economy is not advanced, there’s huge divergences between the different parts,” Mr Mann says.
The World Bank says China’s income per person is still that of a developing country, and less than one quarter of the average of advanced economies.
China’s average annual income is nearly $10,000, according to DBS, compared to around $62,000 in the US.
Slower growth
Now, China is shifting to an era of slower growth.
For years it has pushed to wean its dependence off exports and toward consumption-led growth. New challenges have emerged including softer global demand for its goods and a long-running trade war with the US. The pressures of demographic shifts and an ageing population also cloud the country’s economic outlook.
Still, even if the rate of growth in China eases to between 5% and 6%, the country will still be the most powerful engine of world economic growth.
“At that pace China will still be 35% of global growth, which is the biggest single contributor of any country, three times more important to global growth than the US,” Mr Mann says.
The next economic frontier
China is also carving out a new front in global economic development. The country’s next chapter in nation-building is unfolding through a wave of funding in the massive global infrastructure project, the Belt and Road Initiative.
The so-called new Silk Road aims to connect almost half the world’s populations and one-fifth of global GDP, setting up trade and investment links that stretch across the world.
Li Zhanshu, chairman of the Standing Committee of the National People’s Congress of China, meets with Russian President Vladimir Putin in Moscow, Russia, Sept. 25, 2019. Li paid an official goodwill visit to Russia from Sept. 25 to 28. (Xinhua/Pang Xinglei)
MOSCOW, Sept. 28 (Xinhua) — China’s top legislator Li Zhanshu and top Russian officials have agreed to further strengthen bilateral comprehensive cooperation and continue to promote legislative coordination for stronger ties.
Li, chairman of the Standing Committee of the National People’s Congress of China, on Saturday completed an official visit to Russia, during which he held talks with Russian President Vladimir Putin and the heads of both houses of the Russian parliament.
The Russian leaders congratulated China on the 70th anniversary of the founding of the People’s Republic of China and hailed the great achievements China has made in the past seven decades. The two sides also exchanged congratulations on the 70th anniversary of the establishment of diplomatic relations between China and Russia.
When meeting Putin, Li said, under the strategic guidance of the heads of state of the two countries, China-Russia relations have hit an unprecedented high and entered a new era of higher level and greater development.
Under the current international situation, China and Russia should strengthen mutual support, jointly build strategic support and security barriers between the two countries, and promote the construction of a new type of international relations and a community with a shared future for mankind, Li said.
He called on the two sides to bring their political mutual trust and strategic cooperation to a new height, and push economic and trade cooperation to a new level, so as to move forward their comprehensive strategic partnership of coordination for a new era.
For his part, Putin lauded Russia-China ties as a model of relations between the world’s major countries.
He said the comprehensive strategic partnership of coordination for a new era between the two countries, built in compliance with the international law, is in the interests of the two countries and the two peoples.
Noting that the current bilateral cooperation in various areas is steadily advancing towards the established goals, Putin urged the two countries to further strengthen all-round cooperation and develop their ties on the basis of existing achievements.
Li also met with Valentina Matviyenko, speaker of the Russian Federation Council, or the upper house of parliament, and Vyacheslav Volodin, speaker of the Russian State Duma, or the lower house of parliament.
During his talks with the heads of Russian parliament, Li said the cooperation between legislative bodies, as an important part of the China-Russia comprehensive strategic partnership of coordination for a new era, is expected to prioritize the implementation of the consensus reached by the two heads of state.
According to him, the two sides should promote communication and collaboration for the sake of the development of bilateral ties and, in particular, strengthen the exchanges of experience on foreign-related legal construction, so as to effectively deal with unilateralism and protectionism as well as defend the national sovereignty, security and interests of the two countries.
Li also called for better synergy between the China-proposed Belt and Road Initiative and the Russia-led Eurasian Economic Union, further cooperation in high-tech fields as well as sub-national cooperation and people-to-people exchanges.
For her part, Matviyenko said China’s development has proved to the world that a country can follow its own development path in line with its national conditions.
She said the people of the two countries work closely together and respect each other’s national interests, adding that no matter how the international situation changes, the long-term friendly cooperation between the two countries will remain unchanged.
The legislative bodies of the two countries should provide legal support and guarantee for the development of bilateral relations, Matviyenko said.
Volodin also urged the legislative bodies to make good use of existing cooperation mechanisms in a bid to promote cooperation in various fields, resist external interference and safeguard a fair and just international order.
Li and Volodin also attended the fifth meeting of the China-Russia committee for parliamentary cooperation.
In his speech, Li talked about China’s historic achievements in the past 70 years and spoke highly of the contribution of legislative cooperation to the development of bilateral relations.
He expressed hopes that both sides, after thorough studies, will come up with new ideas and new measures for legislative cooperation in a new era, better use the committee for parliamentary cooperation as a platform, and further enrich China-Russia relations.
While in Moscow, the top Chinese legislator also visited the Tomb of the Unknown Soldier and inspected the Moscow metro project of the China Railway Construction Corporation.
He also exchanged views on strengthening local cooperation with Rustam Minnikhanov, president of Russia’s Tatarstan Republic, in its capital of Kazan and visited the Kazan Helicopter Plant and Kazan Federal University.
Japan’s Prime Minister Shinzo Abe and EC President Jean-Claude Juncker mark first anniversary of EU-Asia Connectivity scheme with swipes at China
Partners reach out to countries in Balkans and Africa and agree US$65.5 billion development plan
Japan’s Prime Minister Shinzo Abe (left) and European Commission President Jean-Claude Juncker mark the anniversary of the EU-Asia Connectivity scheme in Brussels, Belgium. Photo: Reuters
The European Union and Japan are stepping up their efforts to counter China’s
, with their leaders vowing to be “guardians of universal values” such as democracy, sustainability and good governance.
Speaking in Brussels on Friday, Japanese Prime Minister Shinzo Abe said the world’s third-biggest economy would work with the EU to strengthen their transport, energy and digital ties to Africa and the Balkans – key regions for China’s flagship trade and development project.
At a forum to mark the first anniversary of the EU-Asia Connectivity scheme, Abe and European Commission President Jean-Claude Juncker signed an agreement formalising Japan’s involvement in the Europe-Asia plan that will be backed by a €60 billion (US$65.54 billion) EU guarantee fund, development banks and private investors.
Abe said Japan would ensure that officials from 30 African countries would be trained in sovereign debt management over the next three years, a veiled attack on what Western diplomats claim is China’s debt trap for its belt and road partners.
“The EU and Japan are linked through and through,” Abe said. “The infrastructure we build from now on must be [high] quality infrastructure.
“Whether it be a single road or a single port, when the EU and Japan undertake something, we are able to build sustainable, comprehensive and rules-based connectivity, from the Indo-Pacific to the west Balkans and Africa.”
Japan wants to extend its business reach through its alliance with the EU as its economy slows and geopolitical competition from China takes its toll.
Japan indicates China is bigger threat than North Korea in latest defence review
China’s low-key delegation to the forum was led by Guo Xuejun, deputy director general of international affairs at the foreign ministry.
The US was represented by its deputy assistant secretary of state for cyber policy, Robert Strayer, who was in Europe to lobby against Chinese telecoms giant Huawei Technologies and its involvement in fifth-generation telecoms networks.
Abe and Juncker made cybersecurity the highlight of their addresses. Juncker, who will step down from the presidency by the end of October, repeated his attack on China’s trade policies without naming the country.
“Openness is reciprocal, based on high standards of transparency and good governance, especially for public procurement, and equal access to businesses while respecting intellectual property rights,” he said.
Prime Minister Shinzo Abe says Japan will train officials from 30 African countries in sovereign debt management in three years. Photo: AFP
European policymakers and businesses have for years complained about China’s refusal to allow foreign companies in without a Chinese joint venture partner, a practice that critics claimed involved forced transfer of intellectual property to the Chinese side.
“One of the keys to successful connectivity is to respect basic rules and common sense,” Juncker said, stressing that EU-Japanese cooperation focused on the “same commitment to democracy, rule of law, freedom and human dignity”.
European businesses urge EU to take ‘defensive’ measures against China’s state-owned enterprises
When the commission proposed improved transport, energy and digital infrastructure links with Asia last year, it denied it was seeking to stymie Chinese ambitions.
The EU plan, which would be backed by additional funds from the EU’s common budget from 2021, private sector loans and development banks, amounted to a response to China’s largesse in much of central Asia and south-eastern Europe, where Beijing has invested billions of dollars.
Li Zhanshu, chairman of the Standing Committee of the National People’s Congress of China, meets with First President of Kazakhstan Nursultan Nazarbayev in Kazakhstan, Sept. 23, 2019. Li paid an official goodwill visit to Kazakhstan from Sept. 21 to 25 at the invitation of Dariga Nazarbayeva, speaker of the Kazakh Parliament’s Upper House, Nurlan Nigmatulin, speaker of the Kazakh Parliament’s Lower House. (Xinhua/Zhai Jianlan)
NUR-SULTAN, Sept. 25 (Xinhua) — Li Zhanshu, chairman of the Standing Committee of the National People’s Congress (NPC) of China, and Kazakh leaders have agreed here to boost mutually beneficial cooperation in various areas.
During an official goodwill visit from Saturday to Wednesday, Li met with First President of Kazakhstan Nursultan Nazarbayev and conveyed Chinese President Xi Jinping’s cordial greetings to him.
Li told Nazarbayev that China and Kazakhstan are good neighbors and the most reliable friends and partners.
Li said China and Kazakhstan have decided to develop a permanent comprehensive strategic partnership and build a community with a shared future, and their ties have become a model of interstate relations following 27 years of development since the establishment of their diplomatic relationship.
Both sides need to strengthen political mutual trust and mutually beneficial cooperation in various fields, Li said, adding that China has full confidence in the future of Kazakhstan and will continue to support the Central Asian country in pursuing its development path that suits its national conditions.
Nazarbayev told Li that China is a good friend of his country and China’s development is vital to Kazakhstan.
He said strengthening Kazakhstan-China cooperation is in line with the two countries’ interests, and Kazakhstan always prioritizes in its foreign policy cementing and developing ties with China.
At a meeting with Kazakh President Kassym-Jomart Tokayev, Li conveyed Xi’s good wishes to him.
Li said the construction of a Silk Road Economic Belt was first proposed in Kazakhstan, and both countries as permanent comprehensive strategic partners should respect, trust and support each other no matter how the global and regional situations develop.
China and Kazakhstan should improve the alignment of their development strategies and boost cooperation in production capacities, energy, agriculture, inter-connectivity, finance, cross-border e-commerce, high-technology, education, sports, culture and tourism, Li said.
Tokayev said that Kazakhstan, located in the center of the Eurasian continent, will always be a friendly neighbor of China. He praised China’s key role in maintaining global security and stability.
The Belt and Road Initiative is significant to Kazakhstan, which is ready to strengthen cooperation with China, implement bilateral agreements and achieve more outcomes.
At talks with Dariga Nazarbayeva, speaker of the Kazakh parliament’s upper house, and Nurlan Nigmatulin, speaker of the lower house, Li said the two legislatures should implement the important consensuses reached by the heads of state and facilitate bilateral cooperation with legislation and favorable policy.
Li said the two legislatures should push for the signing of an updated version of the China-Kazakhstan investment protection pact, streamline procedures for customs clearance and work permits, and create a sound investment environment.
Nazarbayeva said that strengthening Kazakhstan-China cooperation has particular significance as the world is fraught with risks and challenges, and that she expects better quality in such cooperation.
Nigmatulin said the Kazakh parliament is willing to compare notes on legislation and supervision with the NPC of China.
During his visit, Li and Kazakh Prime Minister Askar Mamin attended the opening ceremony of the China Construction Bank’s Astana office.
Li listened to a report about the Astana International Financial Center and encouraged financial institutions in the center to participate in the Belt and Road Initiative.
The Chinese top legislator also visited the site of the 2017 Astana Expo and the national museum.
NANNING, Sept. 23 (Xinhua) — The Belt and Road Initiative (BRI) provides momentum for regional economic integration and connectivity, helping China and ASEAN forge a closer community of shared future, said Cambodian Deputy Prime Minister Hor Nam Hong.
Hor made the remarks Saturday at the opening ceremony of the 16th China-ASEAN Expo themed “Building the Belt & Road, Realizing Our Vision for a Community of Shared Future.”
The deputy vice prime minister envisioned that the China-ASEAN strategic partnership and the BRI will further deepen the cooperation between the two sides in the joint pursuit of shared prosperity.
Statistics show that China has signed cooperation agreements with more than 130 countries across the globe and 30 international organizations on jointly building the Belt and Road, benefiting people of the involved nations.
Highlighting regional economic cooperation, this year’s China-ASEAN expo is expected to lift the practical and comprehensive cooperation between China, ASEAN and other countries participating in the BRI to new heights.
The expo has served as a crucial platform for promoting investment and trade in Asia over the past 16 years, setting an example of friendly cooperation between China and ASEAN, said Luhut Binsar Pandjaitan, special envoy of the Indonesian president and coordinating minister for maritime affairs.
As the Country of Honor for this year’s expo, Indonesia will showcase its high-quality products from more than 100 Indonesian enterprises.
Speaking highly of the BRI, Luhut said cooperation under the China-proposed initiative will boost infrastructure construction and trade among members of ASEAN to facilitate the building of the ASEAN Community.
To push China-ASEAN ties to new heights, both sides are making joint efforts in constructing the Belt and Road and implementing the Master Plan on ASEAN Connectivity 2025 under the guidance of the China-ASEAN Strategic Partnership Vision 2030.
The BRI accelerates regional connectivity and improves people’s livelihoods, said Thai Deputy Prime Minister and Minister of Commerce Jurin Laksanawisit, adding that Thailand had formulated plans to contribute to the completion of the Regional Comprehensive Economic Partnership, alleviate volatility of the global economy and trade, and inject momentum into sustainable development.
Two-way investment between China and ASEAN countries grew robustly to reach 230 billion U.S. dollars in the first eight months of this year, with the establishment of 25 economic and trade cooperation zones creating over 100,000 jobs.
Meanwhile, the cooperation between China and ASEAN in fields including international production capacity, the digital economy and e-commerce is also leaping forward.
Hailing the achievements of cooperation under the BRI, Lao Deputy Prime Minister Sonexay Siphandone said Laos will take an active role in building the Belt and Road.
Citing the China-Laos railway, the largest cooperation project between the two sides so far, Sonexay said it will promote regional peace, prosperity and sustainable development.
Apart from prospering bilateral trade and investment, recent years have seen the deepening of China-ASEAN cooperation in various other fields. ASEAN has become the largest destination for Chinese tourists, with the number of personal exchanges hitting 57 million in 2018 and nearly 4,000 flights traveling between both sides every week.
Holding similar viewpoints, Myanmar’s Vice President U Myint Swe said the BRI provides opportunities for developing trade and cross-border exchanges and bridging infrastructure gaps.
Looking forward to shared prosperity, Jurin said Thailand, as well as ASEAN, will collaborate with China to strive for sustainable development.
MANILA, Sept. 24 (Xinhua) — China has proven to be an important partner of the Philippines in economic development, a senior aide of Philippine President Rodrigo Duterte has said.
The Philippine Presidential Adviser for Flagship Programs and Projects Vivencio Dizon told Xinhua on Monday that China is now “an integral partner” in the Philippines’ infrastructure build-up.
Indeed, Dizon said that President Duterte was correct in espousing “a foreign policy that we are friends to all, enemies to none.” By embracing partners like China other than its traditional partners, Dizon said the Duterte administration has gained a lot especially from building warm relations with China.
“China is an integral partner in our infrastructure build-up,” said Dizon, also the president of the Bases Conversion Development Authority (BCDA).
Already, Dizon said, China has become the country’s largest trading partner. “I think this is a testament to the success of this strategy,” he added, referring to Duterte’s decision to pursue an independent foreign policy.
For example, Dizon said the number of Chinese tourists has “increased exponentially over the last couple of years, bringing in a lot of foreign expenditures from Chinese tourists to the Philippines, boosting our economy.”
BCDA, a Philippine government-owned and controlled corporation, has partnered with Chinese companies on infrastructure projects and business investments.
BCDA and China Gezhouba Group Corporation signed a framework of cooperation in November 2018 to develop a 500-hectare mixed-use industrial park in New Clark City in the northern Philippines.
“We believe that bringing in more investments from countries like China will not only provide more employment opportunities, but also provide a lot of opportunities for technology transfer in the country and in particular the New Clark City,” Dizon added.
Dizon said China’s Belt and Road Initiative complements with the Duterte administration’s “Build, Build, Build” infrastructure program that aims to improve the connectivity of this archipelagic country.
He said infrastructure requires the Philippines to partner and work with countries throughout the world who have been successful in building infrastructure.
“China is obviously one of those countries,” Dizon said. “That’s the reason why we have identified several projects under the Build, Build, Build program wherein China can help and participate in allowing the Philippines not only to raise the needed resources, the needed capital to build these large-scale infrastructure projects but also learn from the experiences of China in building up its infrastructure.”
The “Build, Build, Build” program, rolled out by the Philippine government in 2017, intends to spend 8 to 9 trillion pesos (roughly 160 to 180 billion U.S. dollars) in the medium-term on building roads, bridges, airports, seaports and railways in the Philippines.
“It’s very important for the Philippines to partner with these countries, like China, in order to not only raise the needed resources but also to build the right infrastructure for the country and our people to move forward,” Dizon said.
Chinese State Councilor and Foreign Minister Wang Yi (R) meets with Pakistani Prime Minister Imran Khan on the sidelines of the United Nations General Assembly high-level week, at the UN headquarters in New York, on Sept. 23, 2019. (Xinhua/Han Fang)
UNITED NATIONS, Sept. 23 (Xinhua) — Chinese State Councilor and Foreign Minister Wang Yi on Monday said China and Pakistan hold all-weather strategic cooperative partnership and the friendship between the two countries is unbreakable.
Meeting with Pakistani Prime Minister Imran Khan on the sidelines of the UN General Assembly high-level week, Wang said the two countries have always enjoyed mutual trust, mutual understanding and mutual support.
He said China will continue to support Pakistan’s efforts to uphold its territorial sovereignty and national dignity. China-Pakistan cooperation has contributed significantly to Pakistan’s national development and improvement of its people’s livelihood.
Wang added that the two sides should work together to build the China-Pakistan Economic Corridor (CPEC) into a model for high-quality development projects under the Belt and Road Initiative.
Khan, for his part, said Pakistan will firmly push forward the transformation and upgrading of the CPEC and continue to make every effort to ensure the safety of Chinese projects, enterprises and personnel in Pakistan.
He said that Pakistan and China are close friends, and Pakistan thanks the Chinese government and people for standing firmly with the Pakistani people in the most difficult time.
He added that China’s support and assistance are of great significance to Pakistan’s national security and development.
Pakistan will spare no effort in maintaining bilateral friendship and will not allow any external forces to interfere in or sabotage the development of bilateral relations.
Khan introduced Pakistan’s views on the current situation in Kashmir. Wang reiterated China’s principled position on the issue.
The two sides also exchanged views on Afghanistan, Iran and other issues.
Chinese Premier Li Keqiang holds talks with visiting Iraqi Prime Minister Adel Abdul Mahdi at the Great Hall of the People in Beijing, capital of China, Sept. 23, 2019. (Xinhua/Wang Ye)
BEIJING, Sept. 23 (Xinhua) — Chinese Premier Li Keqiang held talks with Iraqi Prime Minister Adel Abdul Mahdi at the Great Hall of the People in Beijing, voicing support for Iraq’s reconstruction and encouraging more practical cooperation.
Li said China and Iraq are two ancient civilizations and have a long history of friendly exchanges.
He commended the bilateral ties between the two countries since they established diplomatic relations and voiced support for Iraq’s efforts to restore security and stability, promote economic and social reconstruction, and improve people’s livelihood.
China is ready to work with Iraq to deepen mutual political trust, expand practical cooperation across the board, and enhance people-to-people exchanges to promote the China-Iraq strategic partnership for greater development, Li said.
Li pointed out that China is willing to participate in Iraq’s reconstruction, maintain a long-term and stable energy partnership with Iraq, and expand cooperation in capacity, manufacturing and agriculture to fuel the diversified development of the Iraqi economy and achieve win-win results.
The Chinese Premier said his country stands ready to work with Iraq to dovetail the Belt and Road Initiative with Iraq’s reconstruction plan, supports Chinese enterprises to positively take part in Iraq’s infrastructure construction and hopes that Iraq will take forceful measures to guarantee the safety of Chinese institutions and individuals in the country.
Abdul Mahdi said Iraq and China are enjoying the best bilateral relations in their history and his country has experienced war and is rebuilding its homeland.
He said China is a country that loves peace and advocates cooperation, adding that Iraq is willing to work with China to enhance cooperation in the fields of trade, the economy, infrastructure construction, energy and culture to realize greater development of bilateral relations.
After the talks, Li and Abdul Mahdi witnessed the signature of a series of bilateral cooperation documents on the economy and technology, finance and culture.
Prior to the talks, Li held a welcoming ceremony for his Iraqi counterpart in the North Hall of the Great Hall of the People.
CHINDIA ALERT: You'll be living in their world, very soon 