Archive for ‘Wang Yi’

29/05/2019

China looks to Russia, Central Asia for support amid tensions with US

  • President Xi Jinping will meet Russian counterpart Vladimir Putin next month and address economic summit in St Petersburg
  • Diplomatic flurry will also include regional security forums in Kyrgyzstan and Tajikistan
Xi Jinping has met Vladimir Putin more times than any other foreign leader since he took power in 2013. Photo: AFP
Xi Jinping has met Vladimir Putin more times than any other foreign leader since he took power in 2013. Photo: AFP
Beijing is stepping up efforts to seek support from regional and global players such as Russia and Central Asian nations as its geostrategic rivalry with Washington heats up.

President Xi Jinping is expected to meet his Russian counterpart Vladimir Putin next month, when he will also address the St Petersburg International Economic Summit,

Russian presidential aide Yuri Ushakov told state-run TASS news agency earlier.

The Chinese president will also visit the Kyrgyzstan capital Bishkek for the Shanghai Cooperation Organisation (SCO) summit in June, as well as another regional security forum in Dushanbe, Tajikistan.

Meanwhile, Vice-President Wang Qishan is visiting Pakistan before he heads to the Netherlands and Germany, according to the Chinese foreign ministry.
Pakistani Prime Minister Imran Khan meets Chinese Vice-President Wang Qishan in Islamabad on Sunday. Photo: AFP
Pakistani Prime Minister Imran Khan meets Chinese Vice-President Wang Qishan in Islamabad on Sunday. Photo: AFP
The latest flurry of diplomatic activity comes as competition between China and the US intensifies on several fronts including trade and technology, the South China Sea and the Arctic, where Beijing’s partnership with Moscow –

funding and building ports, berths and icebreakers off Russia’s shores

– has drawn criticism from Washington.

It will be Xi’s second time at the St Petersburg forum, and observers expect the Chinese leader will reaffirm Beijing’s commitment to multilateralism and promote the nation as a champion of openness and cooperation.
China-Russia ties unrivalled, Beijing warns before Pompeo meets Putin
It will also be his second meeting with Putin in two months, after talks on the sidelines of the Belt and Road Forum in Beijing in late April, when the Russian president

offered his support

for the controversial China-led infrastructure and investment initiative.

With China and Russia edging closer, the latest meeting is likely to see efforts to coordinate their strategies on a range of issues – including Venezuela, North Korea, nuclear weapons and arms control, according to observers. Xi has met Putin more times than any other foreign leader since he took power in 2013.

“This time it is very likely that the latest anti-China moves by the US, such as new tariffs and the Huawei ban, will feature prominently in their conversations,” said Artyom Lukin, an associate professor at Far Eastern Federal University in Vladivostok.

Lukin said Russia’s stagnating economy and sanctions imposed by the West limited its role as a substitute for the foreign markets and technologies China could lose access to because of the US crusade. But he said Putin would “provide political and moral support to Xi”.

“That is also significant as Russia has been withstanding intense US-led sanctions pressure for more than five years already,” Lukin said, referring to sanctions imposed after Russia’s annexation of Crimea in 2014.

Xi and Putin are also expected to talk about Venezuela, where US-backed opposition leader Juan Guaido is attempting to oust socialist President Nicolas Maduro, who has the support of China and Russia.

Venezuelan President Nicolas Maduro has the backing of China and Russia. Photo: AP
Venezuelan President Nicolas Maduro has the backing of China and Russia. Photo: AP

“Moscow and Beijing are not able to seriously hurt Washington by raising tariffs or denying access to high technology. However, there are plenty of areas where coordinated Sino-Russian policies can damage US interests in the short term or in the long run,” Lukin said. “For example, Moscow and Beijing could intensify their joint support for the Venezuelan government of Nicolas Maduro, frustrating Washington’s efforts to dislodge him.”

China and Russia would also be seeking to boost economic ties. Bilateral trade, dominated by Chinese imports of gas and oil, reached US$108 billion last year – falling far short of the target set in 2011 by Xi’s predecessor, Hu Jintao, of US$200 billion by 2020.

China and Russia to forge stronger Eurasian economic ties

Li Lifan, an associate research professor at the Shanghai Academy of Social Sciences, said bilateral trade was a sticking point. “This is one of the potential hindrances in China-Russia relations and Beijing is hoping to [address this] … in the face of a possible global economic slowdown,” Li said.

Given the escalating trade war with Washington, he said China would seek to diversify its investments and markets to other parts of the world, particularly Russia and Europe.

“China will step up its investment cooperation with Europe and Russia and focus more on multilateral investment,” Li said.

But Beijing was not expected to do anything to worsen tensions with Washington.

“China is currently taking a very cautious approach towards the US, trying to avoid heating up the confrontation and further aggravation of the situation,” said Danil Bochkov, a contributing author with the Russian International Affairs Council. “For China it is important to demonstrate that it has a reliable friend – Russia – but that should not be done in an openly provocative manner.”

Stephen Blank, a senior fellow at the American Foreign Policy Council in Washington, said Beijing and Moscow would also seek to contain US influence “as far as possible” from Central Asia, where China has increased its engagement through infrastructure building under the “Belt and Road Initiative”.

Leaders from the region will gather in Bishkek next month for the SCO summit, a security bloc set up in 2001 that now comprises China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India and Pakistan. Those members account for about 23 per cent of the world’s land mass, 45 per cent of its population, and 25 per cent of global GDP.

Newly re-elected Indian Prime Minister Narendra Modi could meet the Chinese president for talks in Bishkek next month. Photo: EPA-EFE
Newly re-elected Indian Prime Minister Narendra Modi could meet the Chinese president for talks in Bishkek next month. Photo: EPA-EFE

There is growing speculation that Xi will meet newly re-elected Indian Prime Minister Narendra Modi on the sidelines of that summit.

Independent analyst and author Namrata Goswami said India would be seeking a commitment to a WTO-led and rules-based multilateral trading system during the SCO talks.

“This is interesting and significant given the current US tendencies under President Donald Trump focused on ‘America first’ and the US-China trade war,” Goswami said.

Counterterrorism will again be a top priority at the SCO summit, amid concerns among member states about the rising number of Islamic State fighters returning from Syria and Iraq. Chinese scholars estimated last year that around 30,000 jihadists who had fought in Syria had gone back to their home countries, including China.

Alexander Bortnikov, chief of the main Russian intelligence agency FSB, said earlier that 5,000 fighters from a group affiliated with Isis had gathered in areas bordering former Soviet states in Central Asia, saying most of them had fought alongside Isis in Syria.

War-torn Afghanistan, which shares a border with four SCO member states – China, Pakistan, Tajikistan and Uzbekistan – is also likely to be high on the agenda at the Bishkek summit.

“With the Trump administration drafting plans to withdraw troops from Afghanistan, the SCO will assess the security situation there and decide whether to provide training for Afghan troops,” Li said.

Eva Seiwert, a doctoral candidate at the Free University of Berlin, expected the security bloc would also discuss Iran after the US withdrew from the 2015 nuclear deal and ordered new sanctions against the country.

Iran, which has observer status with the SCO, was blocked from becoming a full member in 2008 because it was subject to UN sanctions at the time. But its membership application could again be up for discussion.

Iran presses China and Russia to save nuclear deal

“The Trump administration’s unilateral withdrawal from the Iran nuclear deal in 2018 made it easy for China and Russia to present themselves as the proponents of peaceful settlement of conflicts,” Seiwert said. “Discussing the possibility of admitting Iran as a full member state would help the SCO members demonstrate their support of multilateral and peaceful cooperation.

“This would be a strong signal to the US and enhance the SCO’s standing in the international community,” she said.

Kyrgyz President Sooronbay Jeenbekov (right) meets Chinese Foreign Minister Wang Yi in Bishkek on Tuesday last week. Photo: Xinhua
Kyrgyz President Sooronbay Jeenbekov (right) meets Chinese Foreign Minister Wang Yi in Bishkek on Tuesday last week. Photo: Xinhua

As well as security, Xi’s visit to Central Asia is also likely to focus on economic ties. Meeting Kyrgyz President Sooronbay Jeenbekov in Bishkek last week, Chinese Foreign Minister Wang Yi said Beijing would continue to “provide support and help national development and construction in Kyrgyzstan”.

Li said China may increase investment in the Central Asian region, especially in greenfield projects.

“China will continue to buy agriculture products from Central Asia, such as cherries from Uzbekistan, and build hydropower projects to meet local energy demand,” Li said. “Investment in solar and wind energy projects is also expected to increase too.”

Source: SCMP

Advertisements
22/05/2019

Chinese, Kyrgyz officials vow to enhance bilateral cooperation

 KYRGYZSTAN-BISHKEK-CHYNGYZ AIDARBEKOV-CHINA-WANG YI-MEETING

Visiting Chinese State Councilor and Foreign Minister Wang Yi (L) and Kyrgyz Foreign Minister Chyngyz Aidarbekov attend a signing ceremony of the Cooperation Program from 2020 to 2021 between Chinese Foreign Ministry and Kyrgyz Foreign Ministry in Bishkek, Kyrgyzstan, on May 21, 2019. (Xinhua/Li Yong)

BISHKEK, May 21 (Xinhua) — Visiting Chinese State Councilor and Foreign Minister Wang Yi on Tuesday held talks with Kyrgyz Foreign Minister Chyngyz Aidarbekov in Bishkek, vowing to enhance cooperation in various fields between the two countries.

Wang noted that China and Kyrgyzstan are friendly neighbors and comprehensive strategic partners linked by mountains and rivers. The two heads of states reached a wide range of consensuses on further developing bilateral comprehensive strategic partnership on the sidelines of the second Belt and Road Forum of International Cooperation in Beijing in April.

Taking the opportunity of jointly building the Belt and Road, China is ready to pursue coordination of the development strategies between China and Kyrgyzstan and effectively implement the key projects for the benefit of the two peoples, the Chinese state councilor said during the meeting.

To this end, the two sides should work to build closer people-to-people ties, promote local-level cooperation, further strengthen security cooperation ties and expand cooperation in fighting the “three forces” of terrorism, separatism and extremism, transnational crime and drug trafficking, said Wang, adding that China fully supports Kyrgyzstan in hosting the summit of the Shanghai Cooperation Organization in June to promote further cooperation among the member states.

Wang stressed that the sustained, steady and sound development of bilateral relations serves the fundamental interests of the two peoples. China appreciates Kyrgyzstan’s firm support on some major issues concerning Taiwan and Xinjiang, and will resolutely support Kyrgyzstan’s independent choice of development path as well as its internal and external policies to maintain national independence, sovereignty and security.

For his part, Aidarbekov extended warm congratulations on the 70th anniversary of the founding of the People’s Republic of China and expressed sincere admiration for China’s great achievements during the 40 years of reform and opening up.

He noted that Kyrgyzstan attaches great importance to the comprehensive strategic partnership between the two countries, fully supports the Belt and Road Initiative, and is ready to further promote bilateral cooperation in the fields of trade, investment, energy, transportation, agriculture and disaster relief.

The Kyrgyz foreign minister stressed that his country firmly upholds the one-China policy, fully supports China’s stance on its internal affairs including Taiwan and Xinjiang issues and hopes the mutual political trust between the two countries can be further strengthened.

Following their talks, the two officials signed the Cooperation Program from 2020 to 2021 between Chinese Foreign Ministry and Kyrgyz Foreign Ministry and jointly met with the press.

Source: Xinhua

20/05/2019

U.S. ambassador to China to make first visit to Tibet since 2013 – report

WASHINGTON (Reuters) – U.S. Ambassador to China Terry Branstad was due to begin visiting Tibet on Sunday for official meetings and visits to religious and cultural sites, according to a news report on Sunday.

Branstad was scheduled to visit the Tibet Autonomous Region and Qinghai Province, a historic region of Tibet known to Tibetans as Amdo, from Sunday to Saturday, Radio Free Asia said in a report.

The State Department did not immediately comment on the story.

Radio Free Asia said it would be the first visit to Tibet by a U.S. official since the U.S. Congress approved a law in December that requires the United States to deny visas to Chinese officials in charge of implementing policies that restrict access to Tibet for foreigners. The U.S. government is required to begin denying visas by the end of this year.

In December, China denounced the United States for passing the law, saying it was “resolutely opposed” to the U.S. legislation on what China considers an internal affair, and it risked causing “serious harm” to their relations.

Since then, tensions have been running high between the two countries over trade. China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course.

On Saturday, China’s senior diplomat Wang Yi told U.S. Secretary of State Mike Pompeo that recent U.S. words and actions had harmed the interests of China and its enterprises, and that Washington should show restraint.

While the Trump administration has taken a tough stance towards China on trade and highlighted security rivalry with Beijing, the administration has so far not acted on congressional calls for it to impose sanctions on China’s former Communist Party chief in Tibet, Chen Quanguo, for the treatment of minority Muslims in Xinjiang province, where he is currently party chief. 

A State Department report in March said Chen had replicated in Xinjiang, policies similar to those credited with reducing opposition to Chinese rule in Tibet.

Beijing sent troops into remote, mountainous Tibet in 1950 in what it officially terms a peaceful liberation and has ruled there with an iron fist ever since.

Source: Reuters

18/05/2019

China hopes Iran nuclear deal “fully implemented”: FM

CHINA-BEIJING-WANG YI-IRAN-MEETING (CN)

Chinese State Councilor and Foreign Minister Wang Yi (R) meets with visiting Iranian Foreign Minister Mohammad Javad Zarif in Beijing, capital of China, May 17, 2019. (Xinhua/Yin Bogu)

BEIJING, May 17 (Xinhua) — China hopes to work with the Iranian side to eliminate complicated disturbing factors and make efforts for the full implementation of the Iran nuclear deal, Chinese State Councilor and Foreign Minister Wang Yi said on Friday.

Wang made the remarks when meeting with visiting Iranian Foreign Minister Mohammad Javad Zarif.

“China firmly opposes unilateral sanctions and the so-called ‘long-arm jurisdiction’ imposed by the United States on Iran,” Wang said, pledging to maintain the Joint Comprehensive Plan of Action, also known as the Iran nuclear deal, and safeguard the authority of the United Nations and basic norms governing international relations.

China welcomes Iran to actively take part in the joint building of the Belt and Road and hopes to strengthen mutually beneficial cooperation, Wang said.

Zarif praised China for its important role in defending the Iran nuclear deal and vowed to strengthen bilateral and multilateral coordination so as to safeguard multilateralism and common interests of the two countries.

Source: Xinhua

27/04/2019

Cherish the love: China and France should avoid causing unnecessary upset, Beijing says

  • Foreign Minister Wang Yi tells French counterpart Jean-Yves Le Drian the two sides should ensure ties ‘continue to develop in a healthy way’
  • Meeting comes after Paris angers Beijing by sending a warship through the sensitive Taiwan Strait
Paris upset Beijing earlier this month by sending its frigate Vendémiaire through the Taiwan Strait. Photo: Reuters
Paris upset Beijing earlier this month by sending its frigate Vendémiaire through the Taiwan Strait. Photo: Reuters
France and China should value their strong relationship and not take actions that disrupt it, China’s foreign minister told his French counterpart on Thursday, just days after 
Beijing expressed its upset

at Paris for sending a warship through the Taiwan Strait earlier this month.

Speaking at a meeting on the sidelines of the Belt and Road Forum in Beijing, Wang Yi told Jean-Yves Le Drian that the two nations “should cherish their hard-won and good relations”.
“[We should] avoid unnecessary disruptions and ensure that bilateral relations continue to develop in a healthy and progressive way,” he was quoted as saying in a statement issued on Friday by the Chinese foreign ministry.

Le Drian responded by saying France was willing to cooperate with China to “maintain the growth momentum of bilateral relations”, according to the statement.

French Foreign Minister Jean-Yves Le Drian told his Chinese counterpart Wang Yi that Paris was willing to cooperate with Beijing. Photo: Xinhua
French Foreign Minister Jean-Yves Le Drian told his Chinese counterpart Wang Yi that Paris was willing to cooperate with Beijing. Photo: Xinhua
The

French frigate Vendémiaire

passed through the Taiwan Strait on April 6. It had been expected to take part in a naval parade on Tuesday to celebrate the 70th anniversary of China’s navy, but Beijing withdrew the invitation in response to the action.

The defence ministry in Paris said this week it had been “in close contact with the Chinese authorities” about the incident.
EU’s connectivity plan ‘more sustainable’ than belt and road

A spokesman for the European Union said the trading bloc was committed to a rules-based maritime order based on international law, including freedom of navigation, and that it was in regular contact with the member states.

Chinese academics said that after the transit by the French warship it was likely that more Western countries would make their presence known in the region and that Beijing should remain vigilant.

“France wants to show that as a great power it has a broader concern in Asia-Pacific beyond trade and other ‘soft’ fields,” said Shi Yinhong, an international relations professor at Renmin University of China in Beijing.

“And it will exert its right to free navigation in any international waters regardless of China’s position or sensitivities.”

The Taiwan Strait is about 160km (100 miles) wide and divides mainland China from Taiwan, which Beijing regards as a breakaway province awaiting reunification, by force if necessary. The US, meanwhile, is bound by law to help the self-ruled defend itself and frequently sends warships through the strait in a show of support.

Shi said that US President Donald Trump’s Indo-Pacific strategy, which regards China as a “strategic competitor”, might draw “opportunistic associates” – like France and Britain – into the region.

“Some other states could be encouraged by the French action to do the same,” he said. “But [they] may also be deterred by China’s probable military and diplomatic responses, which would be determined on a case-by-case basis.”

Putin gets behind Xi’s belt and road plan in face of US hostility

Zhu Feng, a professor of international relations at Nanjing University, said France’s conduct was intended to show the “shared concern of Western allies” regarding the security aspect of cross-strait relations.

“China must be vigilant to the new tendency [for nations] to internationalise the Taiwan Strait issue,” he said, though added that the transit of the French warship was “more of a symbolic gesture than actual action”.

Philippe Le Corre, a senior fellow at the Carnegie Endowment for International Peace in Washington and former special assistant for international affairs to the French defence minister, said the Taiwan Strait did not belong to any one nation and, therefore, ships were within their rights to sail through it without prior authorisation.

“From Paris’s point of view, like the rest of the EU, the principles of freedom of navigation are critical to the world economy and trade, therefore there is no reason why European navies or even commercial ships should not be allowed to cross the Taiwan Strait,” he said.

“This is EU policy, not just France or the UK. It has nothing to do with the US, it is international law.”

Source: SCMP

25/04/2019

Belt and Road: China showcases initiative to world leaders

Aerial view of flower beds reading 'Chinese Dream' at Zhouji Green Expo Garden to welcome the 2nd Belt and Road Forum for International Cooperation on April 24, 2019 in Nantong, Jiangsu Province of China.Image copyright GETTY IMAGES
Image caption Flower beds reading ‘Chinese Dream’ welcome delegates to the Belt and Road forum in Beijing

World leaders are gathering in Beijing from Thursday for a summit on China’s Belt and Road initiative amid growing criticism of the project.

The sweeping infrastructure project aims to expand global trade links.

The initiative has funded trains, roads, and ports in many countries, but has left some saddled with debt.

Some see it as a bold bid for geopolitical influence, with the US particularly critical of China’s so-called “debt diplomacy”.

Chinese officials have tried to address concerns surrounding President Xi Jinping’s project, which is expected to involve more than $1 trillion (£774.9bn) in investments.

At the first day of the forum in Beijing, Chinese Finance Minister Liu Kun said China aims to make the Belt and Road initiative sustainable and to prevent debt risks.

Last year, Foreign Minister Wang Yi said in a speech Belt and Road was not a “geostrategic concept” but was part of efforts to build “a community with a shared future for mankind together with countries around the globe.”

Leaders from 37 countries and dozens of officials are due to attend the three-day summit, including Russian President Vladimir Putin and Italian Prime Minister Giuseppe Conte.

Italy recently became the first developed economy to sign up to China’s Belt and Road programme, raising concerns among its allies.

Western governments, and particularly the US, are increasingly wary of China’s growing influence.

The US, which has fought a trade war with China over the past year, has been particularly critical of the project.

Vice President Mike Pence said in a speech last year China was using “debt diplomacy” to expand its influence around the world.

Debt trap?

Other countries that are set to benefit from the project also seem to be growing more cautious.

Sri Lanka, Malaysia and Pakistan have all expressed concerns about the programme. Recipient countries worry about debt accumulation and increased Chinese influence.

Sri Lanka has been particularly affected – it had to hand over control over of a port to China in 2017 to help repay foreign loans.

Tom Rafferty, China economist at The Economist Intelligence Unit, said China is using this week’s summit to “reposition and, it hopes, revive the initiative after it lost its way in 2018 amid project delays and a slowdown in associated lending.”

Mr Rafferty said the Chinese government “wants to convince the international community that the Belt and Road Initiative is inclusive and policy concessions in areas such as debt sustainability” are likely.

Source: The BBC

20/04/2019

Xi to address Belt and Road forum next week: FM

CHINA-BEIJING-BRF-PRESS BRIEFING (CN)

Chinese State Councilor and Foreign Minister Wang Yi (C) speaks during a press briefing for the second Belt and Road Forum for International Cooperation (BRF) in Beijing, capital of China, April 19, 2019. The second Belt and Road Forum for International Cooperation will be held from April 25 to 27 in Beijing, Wang Yi announced Friday. (Xinhua/Zhai Jianlan)

BEIJING, April 19 (Xinhua) — Chinese President Xi Jinping will deliver a keynote speech at the second Belt and Road Forum for International Cooperation (BRF) to be held from April 25 to 27 in Beijing, State Councilor and Foreign Minister Wang Yi announced Friday.

Leaders including heads of state and government from 37 countries will attend the forum’s roundtable summit, Wang told a press briefing.

Wang said 12 thematic forums and a CEO conference would be held on April 25, the opening ceremony and a high-level meeting on April 26, and the leaders’ roundtable on April 27.

Xi will attend the opening ceremony and deliver a keynote speech. He will also chair the leaders’ roundtable and brief media from home and abroad about the outcomes after the roundtable, Wang said, adding that Xi and his wife Peng Liyuan will also hold a welcoming banquet for the leaders and representatives.

According to Wang, the 37 countries are Austria, Azerbaijan, Belarus, Brunei, Cambodia, Chile, Cyprus, Czech Republic, Djibouti, Egypt, Ethiopia, Greece, Hungary, Indonesia, Italy, Kazakhstan, Kenya, Kyrgyzstan, Laos, Malaysia, Mongolia, Mozambique, Myanmar, Nepal, Pakistan, Papua New Guinea, the Philippines, Portugal, Russia, Serbia, Singapore, Switzerland, Tajikistan, Thailand, the United Arab Emirates, Uzbekistan and Vietnam.

The secretary-general of the United Nations and the managing director of the International Monetary Fund will attend the forum, Wang said, adding that senior representatives of France, Germany, Britain, Spain, Japan, the Republic of Korea and the European Union will also participate.

Noting that the BRF is the top-level platform for international cooperation under the framework of the Belt and Road Initiative, Wang said the conference next week would be of landmark significance.

The theme of the second BRF is “Belt and Road Cooperation, Shaping a Brighter Shared Future.” Wang said the main purpose is to promote the high-quality development of Belt and Road cooperation, which is the common aspiration of countries participating in the initiative.

Speaking highly of the fruitful results yielded since the initiative was launched in 2013, Wang said the second BRF was greatly welcomed worldwide with some 5,000 participants from more than 150 countries and 90 international organizations having confirmed their attendance, covering areas from five continents and different walks of life such as government, civil society, business and academia.

According to Wang, this year’s forum will have 12 thematic forums, twice of that during the first forum in 2017, and the CEO conference will be held for the first time. A joint communique will be released after the leaders’ roundtable and other consensus reached during the forum will be issued in a report.

The Belt and Road Initiative, proposed by Xi in 2013, aims at enhancing all-around connectivity through infrastructure construction, exploring new driving force for the world economic growth, and building a new platform for world economic cooperation, according to Wang.

Stressing that Xi and leaders from other countries blueprinted the initiative in 2017, Wang said the progress in the past two years shows that the initiative conforms to the trend of the times featuring peace, development, cooperation and win-win and accords with the common aspiration of openness and joint development of all countries.

“As the host country, we will maintain close communication and coordination with all parties to prepare for the forum with openness, inclusiveness and transparency, upholding the principle of consultation and cooperation for shared benefits,” Wang said.

He said the forum would voice the firm support for multilateralism and an open world economy, enrich the principles of cooperation of the Belt and Road Initiative, build a network of partnership, and establish more mechanisms for high-quality development.

Bilateral, trilateral and multilateral cooperation has been reinforcing each other under the initiative, laying a solid foundation for a closer and more wide-ranging partnership, he said.

Wang said China will showcase the outcomes and introduce the measures of its reform and opening-up to the world, adding that this will allow China to share the dividends of its economic growth, promote the Belt and Road Initiative, and bring more opportunities to the development of all countries as well as the building of the Belt and Road.

“I believe that the forum will inject stronger impetus into the world economy, open even broader horizon for the development of the countries, and contribute to the building of a community with a shared future for humanity, ” said Wang.

Source: Xinhua

20/04/2019

Indian foreign secretary heads to China for talks amid tense relations

  • Vijay Keshav Gokhale is expected to meet Chinese deputy foreign minister Kong Xuanyou and Foreign Minister Wang Yi during two-day visit
  • Beijing’s refusal to sanction a Pakistani militant leader and its belt and road push in the disputed Kashmir region have strained ties
Indian Foreign Secretary Vijay Keshav Gokhale will visit China as part of “regular exchanges” between the two countries. Photo: AFP
Indian Foreign Secretary Vijay Keshav Gokhale will visit China as part of “regular exchanges” between the two countries. Photo: AFP
Indian Foreign Secretary Vijay Keshav Gokhale will travel to Beijing on Sunday amid tensions between India and China over Beijing’s refusal to sanction a Pakistani militant leader and its infrastructure push in the disputed Kashmir region.
Gokhale’s two-day visit is part of “regular exchanges” between the two nations, the Indian embassy in Beijing said on Saturday.
During his stay, Gokhale is expected to meet Chinese deputy foreign minister Kong Xuanyou and Foreign Minister Wang Yi.

He will return to India on Monday, three days before the second Belt and Road Forum begins in the Chinese capital. Forty foreign leaders will attend the summit on Beijing’s global trade and infrastructure scheme, the “Belt and Road Initiative”, but India is not taking part.

Wang on Friday called on India, and other countries sceptical of the initiative, to join up, dismissing claims that it is a geopolitical tool. He also said China was ready to hold a leaders’ summit with India like the informal meeting held between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi in Wuhan, Hubei province last year.

A summit between Xi Jinping (left) and Narendra Modi in Wuhan last year was seen as a breakthrough in China-India relations after the Doklam border dispute. Photo: AFP
A summit between Xi Jinping (left) and Narendra Modi in Wuhan last year was seen as a breakthrough in China-India relations after the Doklam border dispute. Photo: AFP

Gokhale visited Beijing in February last year, and the Wuhan summit happened two months later. That meeting was seen as a breakthrough in the

China-India relationship

after a 73-day military stand-off over the Doklam plateau.

But the progress was overshadowed in February after a terror strike on Indian security forces in the Jammu and Kashmir province, which killed 40 Indian soldiers. The Pakistan-based Jaish-e-Mohammed group claimed responsibility for the attack. India has long wanted to designate its leader, Masood Azhar, as a terrorist under international law, but China has opposed the move.

During a visit to Pakistan in March, Kong said Beijing and Islamabad were all-weather strategic partners and would support each other on issues to do with their core interests.

What ‘Wuhan spirit’? Kashmir suicide attack reopens Modi’s China wound

Wang Dehua, head of the Institute for South and Central Asia Studies at the Shanghai Municipal Centre for International Studies, said China and India were looking to prevent their bilateral relations from deteriorating further.

“Both nations will elaborate on their stance on this matter, and China will probably deliver a message that the China-India relationship should not be affected by the dispute over Masood Azhar,” he said. “The positive sentiment out of Wuhan has been affected, and the two sides are seeking ways to continue the spirit of that informal summit.”

Du Youkang, director of Fudan University’s Pakistan Study Centre in Shanghai, said preparations for another informal summit of the nations’ leaders would only begin after India’s general election was over. Polling is being held in seven phases ending on May 19.

Gokhale’s trip would mainly be a chance to see how the two nations can push forward bilateral ties amid their disputes, Du said.

In addition to Azhar, India is also dismayed that some of China’s belt and road projects pass through the Pakistan-administered section of the disputed Kashmir region.

But Wang told reporters on Friday that the initiative did not target any third country, and that relations between China and India had improved after the Wuhan summit.

Source: SCMP

19/04/2019

China asks Britain for help to boost image of Belt and Road Initiative

  • China’s Ambassador to the UK Liu Xiaoming cites ‘rule-making’ as an area for bilateral cooperation with the UK
Chinese Ambassador to the UK Liu Xiaoming gives a keynote speech during the ‘Chinese Bridge’ Chinese Proficiency Competition for Foreign College Students UK Regional Final in London. Photo: Xinhua
Chinese Ambassador to the UK Liu Xiaoming gives a keynote speech during the ‘Chinese Bridge’ Chinese Proficiency Competition for Foreign College Students UK Regional Final in London. Photo: Xinhua
China has asked Britain for help to offset claims its “Belt and Road Initiative” investments are opaque and justify its overseas spending to critics.
It made the move days before UK Chancellor Phillip Hammond was expected to head to the belt and road forum in Beijing.

In an article in London’s Evening Standard on Wednesday, China’s Ambassador to the UK Liu Xiaoming cited “rule-making” as an area for bilateral cooperation.

“Britain has played a leading role in the establishment and management of the Asian Infrastructure Investment Bank,” Liu said. “In [belt and road] development, Britain could have a big role to play in ensuring that the projects are of higher quality, at a higher standard, with higher return.”
Four years ago the UK defied the US and joined the AIIB.
Liu’s comments followed news the UK’s Department for International Development (DFID) was asked to join a new initiative aimed at improving China’s international accounting and transparency standards.
China is thought to see DFID as a model for its new aid outfit, China International Development Cooperation Agency (CIDCA), which was established last year to oversee Beijing’s foreign aid.
Britain's Chancellor of the Exchequer Phillip Hammond. Photo: EPA-EFE
Britain’s Chancellor of the Exchequer Phillip Hammond. Photo: EPA-EFE

The DFID was the third most transparent donor in the world after the Asian Development Bank and UNDP, according to the aid data-crunching website Publish What You Find. China was the least.

Critics say part of the problem is Beijing prefers to deliver loans and other investments through local elites. There are also often several government departments involved, each directed by their own rules and priorities, making financial reporting more complex.

“I think the Chinese are instead playing by a different set of rules, not all of them in conflict with the West’s … but most definitely not fully aligned with what the West wants or expects”, said Eric Olander, managing editor of Shanghai-based The China Africa Project. “Therefore, I would not expect to see the kind of meaningful change in its accounting and financial standards in the near term.”

‘Cooperate or stop criticising’, China’s foreign minister Wang Yi says as belt and road summit nears

The MOU proposed by China is more a statement of intent than a plan of action but the UK welcomed it as a positive sign

“China’s proposal to set up a ‘Multilateral Cooperation Centre for Development Finance’ has real potential to ensure its huge investments in developing countries meet the key international standards that matter to all of us – on debt, transparency, environment and social safeguards,” UK International Development Secretary Penny Mordaunt said at the World Bank Spring Meeting recently.

A source at DFID told the SCMP that the UK has not signed the MOU yet but said while other countries are aware of the proposal, it is the only country so far to be formally invited to participate by China.

France and Germany were two possible future signatories, and MCCDF has been discussed in EU member state meetings in Beijing.

“[China] is clearly frustrated that it feels misunderstood by the international community,” said Olander.

“I have attended one seminar after another where African stakeholders ask the Chinese for more transparency and the Chinese respond with a sympathetic smile that says ‘I’d love to but I’m not sure how we can do that given our political culture and the current political realities’.”

With the Chinese economy slowing at home and the losses abroad in places like Venezuela starting to mount, there are indications that the Chinese policy banks are becoming far more risk-averse in places like Africa and the Americas.

Even so according to figures released on Thursday, the Export Import Bank of China provided more than a trillion yuan (US$149 billion) to more than 1,800 Belt and Road projects since 2013. China Development Bank (CDB) said in March it had provided US$190 billion in the same period.

“The UK is very concerned by rising debt levels, particularly in emerging market economies and in low-income countries,” Mordaut told the World Bank.

“Unsustainable debt levels are a real risk that can undermine or reverse development gains.”

The IMF said recently 24 out of 60 of the poorest countries are either in debt distress or at a high risk of falling into it.

China is also looking to the UK to help manage the BRI projects and organise part of the financing, something the City of London and the government are keen to do, Liu said.

Describing it as “third-party involvement in BRI development” he said: “The UK, with its unique strengths in professional services, project-management and financing, could tap into this potential.”

China is keen for the UK to sign a BRI MOU like Italy, and soon Switzerland, but so far it has resisted. A report released earlier this month by the parliament’s Foreign Affairs Committee called for a rebranding of the “golden era” started by the former chancellor George Osborne, now the editor of the London Evening Standard.

Britain is keen to cement closer ties with Beijing as the world’s fifth largest economy looks to reinvent itself as a global trading nation if and when it leaves the European Union.

Source: SCMP

15/04/2019

China, Japan hold 5th high-level economic dialogue

CHINA-BEIJING-JAPAN-HIGH-LEVEL ECONOMIC DIALOGUE (CN)

Chinese State Councilor and Foreign Minister Wang Yi co-chairs the fifth high-level economic dialogue between China and Japan with visiting Japanese Foreign Minister Taro Kono in Beijing, capital of China, April 14, 2019. (Xinhua/Li Tao)

BEIJING, April 14 (Xinhua) — Chinese State Councilor and Foreign Minister Wang Yi on Sunday co-chaired the fifth high-level economic dialogue between China and Japan with visiting Japanese Foreign Minister Taro Kono in Beijing.

Hailing that China-Japan relations has returned to the right track and yielded new achievements by the joint efforts of the two countries’ leaders and people of all social circles, Wang said the fourth high-level economic dialogue, which was restarted after an eight-year hiatus last April, facilitated policy communication and pragmatic cooperation effectively.

This year marks the 70th anniversary of the founding of the People’s Republic of China, while Japan will enter the new era “Reiwa”, Wang said, adding that the two countries should uphold the major consensus reached by the two countries’ leaders and jointly construct bilateral economic relations to meet the needs of the new era.

The two sides should make steady headway in promoting bilateral investments and trade cooperation, jointly build the Belt and Road, and actively explore third party market cooperation as well as local cooperation, Wang said.

He also called for consolidating the cooperation results in such areas as energy conservation and environment protection, science and technology innovation, high-end manufacturing, finance, sharing economy, medical care and elderly care industries.

Wang said that China and Japan should make joint efforts to promote trade and investment liberalization and facilitation, uphold a business environment of fairness, justice and non-discrimination, speed up negotiations on the Regional Comprehensive Economic Partnership and China-Japan-ROK free trade agreement, and safeguard multilateralism and free trade regime.

Kono said that economic cooperation has been an important foundation and driving force for Japan-China relations.

Facing a global situation of intense uncertainty, the two sides should jointly safeguard the multilateral trade mechanism based on rules, he said.

During the dialogue, senior foreign affairs and economic officials of both countries exchanged views and achieved a series of consensus on macroeconomic policies, bilateral economic cooperation and exchanges, regional economic integration, and global economic governance.

Before the dialogue, Wang and Kono jointly attended the opening ceremony of the “China-Japan Youth Exchange Promotion Year.”

Source: Xinhua

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India