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Showing posts with label Chinese President Xi Jinping. Show all posts
Showing posts with label Chinese President Xi Jinping. Show all posts

Monday, November 14, 2022

China, US should chart right course for ties, push relations back to healthy, stable track; Compared with China, US has little resonance in developing world

 

 

Some high-stakes diplomacy already in motion, ahead of the key G20 summit that kicks off tomorrow (Nov 15) in Bali. Leaders of the world's two biggest superpowers have been meeting face-to-face. Chinese President Xi Jinping and his US counterpart Joe Biden have stressed the need to manage their differences and avoid conflict between their nations. 


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Chinese President Xi Jinping meets with U.S. President Joe Biden upon request in Bali, Indonesia, Nov. 14, 2022. Photo: Xinhua

Chinese President Xi Jinping meets with US President Joe Biden upon request in Bali, Indonesia, Nov. 14, 2022. Photo: Xinhua

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Xi, Biden meet as world seeks more certainties

Current state of China-US relations is not in the fundamental interests of the two countries and peoples, and is not ...

Chinese President Xi Jinping, during meeting with US President Joe Biden on Monday in Bali, Indonesia, said they should chart the right course for the development of bilateral relations and push bilateral ties back to the track of healthy and stable development.

Xi said during the meeting that China and the US have braced winds and rains in their more than 50 years of engagement, from the establishment of diplomatic relations until today. There have been gains and losses, experience and lessons. History is the best textbook and China and the US should take history as a reference and look to the future.

The current situation of China-US relations does not conform to the interests of the two countries and their peoples, now does it conform to the expectations of the international community, Xi said.

As leaders of two major countries, we should hold the helm and find the right direction for the development of bilateral relations and push ties to improve. Politicians should think about both their own country's development path and how to get along with other countries and the world, said Xi.

As leaders of two major countries, we should find the right way. Politicians should think about both their own country's development path and how to get along with other countries and the world, said Xi.

Xi noted the changes of the times are unfolding in an unprecedented way and human society is facing unprecedented challenges, and the world is at a crossroads. We care, and all countries in the world care about where they are going.

The international community expects China and the US to handle our relations well. Our meeting today has attracted worldwide attention. We should work together with other countries to inject hope for world peace, confidence in global stability and momentum for collective development, Xi said.

He expressed willingness to continue candid and in-depth exchanges with the US president on strategic issues in China-US ties and key global and regional issues.

Xi said he looks forward to working with the US president to push bilateral relations back on the track of healthy and stable development so as to benefit both countries and the world.

The two leaders met on the sidelines of the G20 summit to be held in Indonesia on Tuesday and Wednesday. Xi told Biden that though the two leaders have remained in communication via video-conferences, phone calls and letters, none of these can really take the place of face-to-face exchanges.

President Xi arrived at the island of Bali on Monday afternoon. As a guard of honor paid salutes alongside the red carpet, some local youths in national costume played traditional Indonesian musical instruments, while others performed a traditional Bali dance. Young students cheered in Chinese "Welcome! Welcome!" while waving the Chinese and Indonesian flags, CCTV reported.

According to CCTV, local people also gathered along the roads from the airport to the hotel where Xi and his wife Peng Liyuan were going to stay, waving the Chinese and Indonesian flags to express their warmest welcome on their arrival. 

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 Compared with China, US has little resonance in developing world: Martin Jacques 

 

G20 Indonesia Photo:VCG

G20 Indonesia Photo:VCG

 

The forthcoming G20 meeting reflects both positives and negatives in the current global situation. That it is being held in Indonesia, one of the largest developing countries, sends a positive signal to the world. As does the fact that ASEAN, of which it is a member, is non-aligned, opposed to blocs, and hugely engaged with China. But then there are the negatives. The US, supported by its closest allies, could seek to hijack the meeting for an anti-Russian tirade, poisoning the atmosphere and dividing the G20 at a time when the world faces the worst economic outlook since the 2008 financial crisis.

The first G20 summit in Washington DC in 2008 stands in stark contrast. It adopted, with overwhelming support, the largest fiscal and monetary stimulus ever undertaken, thereby averting the worst depression since the 1930s. In contrast to this remarkable display of unity, Bali will be a forceful reminder of how divided the world now is. In 2008, China and the US were on the same page. In 2022, the US now regards China as its sworn enemy. The meeting between Chinese President Xi Jinping and US President Joe Biden is likely to remind us of this.

Although the US has hitherto refrained from calling the present US-China relationship a cold war, this is patently the American playbook. The aim is to contain and isolate China, to undermine its links with the rest of the world, and thereby reverse the tide of China's rise. The attempt to cut China off from American semi-conductor technology is the latest example. Be that as it may, the US is finding it far more difficult to isolate China than it anticipated. The world is very different from what it was during the Cold War when it was divided into two hostile and hermetically sealed blocs.

The Russia-Ukraine conflict is a very good example of how things have changed. The US sought to erect an economic blockade around Russia by means of economic sanctions. Europe went along with this but most of the world did not, a classic example being India. Economic sanctions haven't worked in the way intended. If the US can't economically isolate Russia, then there is zero chance that it could isolate China, which, as the world's largest trading nation, is hugely more important to the global economy than Russia.

The Russia-Ukraine conflict proved to be a highly successful recruiting sergeant in Europe for a closer US-Europe relationship. Since the end of the Cold War, there had been a gradual process of distancing between Europe and the US. This now came to a screeching halt, replaced by a new enthusiasm for the Atlantic alliance, combined with increased hostility toward China, with China and Russia portrayed as identical. But, in a crucial intervention, German Chancellor Olaf Scholz recently spelt out the importance of China to Germany's future. He went to China and met with Xi, the first Western leader to do so since the pandemic. He publicly rejected the idea of decoupling.

He then reaffirmed Germany's opposition to dividing the world into rival blocs. This goes against the grain of post-Ukraine trends in Europe, exemplified by Britain, the US' ever-willing and reliable lapdog. Scholz has drawn a line and indicated an important degree of continuity with Angela Merkel's previous approach to China. It will be interesting, in this context, to hear what French President Emmanuel Macron says in Bali during his meeting with Xi. The signs are that Europe's commitment to strategic autonomy has not been erased, but is now being quietly reasserted, that its relationship with China will continue to grow, and that it will keep its distance from America's cold war aspirations.

Europe will remain an important weathervane of geopolitical alignments. But, however autonomous it might or might not become, it will, for manifold reasons, tend to lean toward America. ASEAN is very different from Europe, but at least as important. It is a template for a new kind of international order. With extraordinary skill, it has managed to remain aloof from US-China divisions, pursue relations with both, while, given its regional proximity to China, being transformed by China's economic rise. It is the most interesting example of how a group of countries can negotiate a new kind of close and harmonious relationship with China. The US has wisely sought to develop a closer relationship with ASEAN, but, barring a huge misstep by China, it will never displace China's importance for them.

So what does the future hold? America will not be able to contain China. The latter will remain deeply connected with the world. China's greatest strength is the close relationship it has built with the developing world. America's alliance system, in contrast, dates back to the postwar world. It is rooted in the past. It is composed essentially of a bunch of declining developed countries, mainly European, plus Japan, Canada, and Australia. Compared with China, the US has little resonance in the developing world. This is an enormous strategic weakness. These are some of the parameters which will shape the future. How that future might actually evolve in practice, of course, is another matter. We live in very unpredictable times.

The author was until recently a senior fellow at the Department of Politics and International Studies at Cambridge University. He is a visiting professor at the Institute of Modern International Relations at Tsinghua University and a senior fellow at the China Institute, Fudan University. Follow him on twitter @martjacques. opinion@globaltimes.com.cn 

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Sunday, March 29, 2020

How China and US can end their rivalry

https://youtu.be/Pucoeb2KKOQ

How China can end US rivalry and realise its vision of a shared future for humanity, as the world struggles with the pandemic

The US-China rivalry only feeds the pandemic, when global cooperation is needed. This is where China’s vision of a shared destiny for humanity can be useful, provided it can be elevated above suspicions of a Beijing power grab


I cannot imagine richer nutrients for the novel coronavirus to reproduce and spread, to flourish globally, than the United States and China continuing to descend into unabashed and undisguised rivalry, with escalating accusations each against the other. Nourish the virus with US-China competition. Or starve the virus with US-China cooperation.

Never has such cooperation been needed more urgently – to battle and contain the pandemic and to sustain and bolster the world economy. Containing the global pandemic, like bolstering the global economy, depends on US-China collaboration.

. If climate change is the world’s most intractable chronic problem, then Covid-19 is the world’s most severe acute problem. My two favourite countries have a choice: either work together to fight the pandemic, developing drugs and vaccines to kill and stop Covid-19, or suffer an out-of-control global pandemic and a chain-reaction cratering of the global economy. Truly, nations will fight the virus and collectively win, or fight each other and collectively lose.

Although China has well-earned respect for curbing its outbreak, there is room for critique, correction and improvement. President Xi Jinping stresses drawing lessons from the outbreak to improve the country's systems for major epidemic control, prevention and public health emergency management.

Apropos of the pandemic, Xi’s repeated call to build “a community with a shared future for all humanity” is a grand vision with multiple applications. For seven years, it has driven foreign policy, especially the Belt and Road Initiative , helping to rectify global imbalances.

https://youtu.be/v34MfJJAZA0

While fighting disease or controlling pandemics have always been a “shared future” benefit, it was always tucked within lists of other benefits, such as climate control, preventing terrorism, interdicting drugs and the like. Few ever imagined that a pandemic could become so grave so fast. But as the pandemic has burst into planetary consciousness, it demonstrates viscerally the global criticality of “shared future” thinking.

The challenge for China is to elevate Xi’s vision above what appears to some as competitive positioning or even as a sprint to assert China’s leadership. China’s experience in containing the contagion, which many countries now desperately need, provides just such an opportunity.

By sending “battle-tested” medical teams to countries under siege, China brings to bear experts with contemporary frontline epidemic experience. What is not well appreciated in the tops-of-trees daily recitations of cases and deaths are China’s evolved know-how and the meticulous work of Chinese health care and logistics professionals.

Exporting coronavirus knowledge, China sends medical teams to countries to help fight pandemic https://youtu.be/jTtqB-zVUAw

There is a problem, though. Emotions worldwide are frayed, rubbed raw by the pandemic’s daily-life disruptions, with economic devastation threatening to exceed that of the 2008 global financial crisis. In this toxic psychological environment, when non-stop news, especially in social media, amplifies fantastical, scurrilous, unsubstantiated rumours by insensitive officials or block-brained conspiracy theorists, attitudes harden and antagonisms ossify. Indigenous nationalism flares in vicious circles.

It takes no cleverness to inflame feelings with glib rhetoric or political insults. Rational people must work together, not allow fringe invective to erode the capacity to fight a common enemy.

Containment of the polemic will be more challenging than containment of the coronavirus; the latter likely to burn out before the former. If so, Chinese views of America, and American views of China, are only going to deteriorate further, to the detriment of all. Enlightened leadership should temper, not inflame, indigenous nationalism. We cannot allow mutual exhaustion to be our last hope.

Trump stops calling coronavirus ‘Chinese virus’ and says Asian-Americans not to blame for outbreak https://youtu.be/7DbgSMD847Q

China’s vision of “a community with a shared future for mankind”, exhorting all nations to act for the common good, fits our turbulent times. For this reason, China should resist finding this phrase turned into a cliché or satire, catalysed inadvertently by endless repetition or forced conformity into a single expression or translation.

Why not encourage various expressions, enabling officials and experts to use their own words, thereby enriching the vision, keeping it fresh and timely?

Originally, the English translation was “a community of common destiny for mankind”, which is more literal and rather elegant. But then, I was told, “destiny” was deemed to be too passive or fatalistic, not sufficiently proactive and positive, which led to the less literal “shared future”. “Shared future” is an evocative phase, reflecting Chinese tradition and offering hope for a better tomorrow.

Yet with constant repetition, “a community with a shared future for mankind” can begin to sound, paradoxically, like an exclusive Chinese mantra, and thereby can begin to elicit, in some countries or cultures, negative emotions, instead of conveying positive contributions.


Labels carry messages – and some interpret China’s phrase as seeking to get the whole world to march under its national banner. This misreads China, but by triggering resistance, the static phrase undermines China’s capacity to help bring about in reality such a community of common destiny or shared future.

China’s vision is a universal message shared by many cultures and China might reach out for similar ideas. China’s challenge is to express the vision in language with which other cultures can identify and feel comfortable supporting.

To be clear, read literally and without bias, a “community with a shared future for mankind” is a powerful exhortation that should benefit the world. That is why the phrase should be protected and enriched by also allowing other, diverse English phrases to represent the original Chinese.

A third of coronavirus cases may be 'silent carriers', classified Chinese data suggests
https://youtu.be/S31-qL_Ax5E

The objective is to enable the global community to take collective ownership of the grand vision. Given the global pandemic, the global community must take collective ownership.

Here are three other possible expressions, the first more literal, the second and third taking more explanatory licence: humanity is a community of common destiny (a shared future); humanity’s common destiny (shared future) is the guiding principle of our times; and, recognise humanity’s common destiny (shared future) to build a global community.

What China seeks is what humanity needs, especially with the pandemic, and it behooves people of goodwill everywhere to work together to transform rhetoric into reality. - South China Morning Post.

By Robert Lawrence Kuhn, a public intellectual and international corporate strategist, won the China Reform Friendship Medal (2018)


Robert Lawrence Kuhn is a public intellectual, international corporate strategist and investment banker, and a China political/economics commentator featured on the BBC, CNN, Bloomberg. For more than 25 years, he has worked with China’s leaders. He has published over 30 books, including How China’s Leaders Think (featuring President Xi Jinping), and The Man Who Changed China: The Life and Legacy of Jiang Zemin. He is the host of Closer to China with R.L.Kuhn on CCTV News.

Coronavirus outbreak Coronavirus outbreak: All stories | US-China relations | US-China trade war | US-China trade war: Opinion | US-China trade war: All stories | Belt and Road Initiative | Belt and Road: Comment | China leadership

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New York State has nearly 60,000 confirmed cases

https://youtu.be/t2Pm4H7nLzE

Chinese experts, netizens offer advice to help US combat coronavirus

The US, the new epicenter of the COVID-19 pandemic with the highest infections of over 100,000 now, should announce stringent lockdowns in the worst-hit regions and accelerate testing and hospitalization to curb the spread of the virus, which might help save time wasted from previous buck-passing, Chinese experts said.

Wuhan's manufacturing back on track as industrial powerhouse lifts lockdown

Wuhan – the industrial city in Central China's Hubei Province where the coronavirus first emerged in the country – is restarting commercial and production activities following a two-month lockdown. The sprawling city is likely to revive its pillar manufacturing industry soon although it faces labor shortages.


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Tuesday, October 29, 2019

President Xi’s Blockchain Push Triggers Frenzy in China Technology Stocks

Blockchain endorsement: Xi said China will increase investment in blockchain technology after chairing a study session last week on developing the industry, state-owned Xinhua reported.— AP
 
https://youtu.be/hfNcct7ZfbE

https://youtu.be/KoDD2Yk0bjE
  • Shenzhen tech index surges 5.3%, the most in eight months
  • Investors urge companies to develop blockchain businesses
BEIJING: Chinese investors snapped up every blockchain-related stock in sight after President Xi Jinping said Beijing wants to speed up development of the technology.

The gains were widespread yesterday, with Insigma Technology Co and Sinodata Co among more than 60 tech shares surging by the daily limit in Shanghai and Shenzhen.

The excitement coincided with a 26% rally in Bitcoin, and also boosted stocks with more tenuous connections to blockchain, like baby-food producer Beingmate Co and selfie-app developer Meitu Inc.

Xi said China will increase investment in blockchain technology after chairing a study session last week on developing the industry, state-owned Xinhua reported late last Friday.

The market reaction shows how far an endorsement from Xi can go in China, where high-level officials yesterday began their first major policy meeting since early 2018.

“Most of these companies, especially those that are just beginning to state their connection with blockchain today, are trying to take advantage of the hype, ” said Li Shiyu, fund manager at Guangdong Xiaoyu Investment Management Co. “It shows how much excitement can be triggered by something stressed as a priority by the top man himself.”

Xi Jinping comments spark rally in China technology stocks

The Shenzhen Information Technology Index closed 5.3% higher yesterday, its biggest advance in eight months.

Hundsun Technologies Inc, Easysight Supply Chain Management Co, YGSOFT Inc and dozens more companies with officially registered blockchain businesses rose by the 10% limit.

In Hong Kong, traders singled out Meitu due to its plans for an encrypted user-identification system.

The shares surged as much as 30%. Pantronics Holdings Ltd - which earlier this month said it will change its name to “Huobi Technology”, a reference to a digital currency exchange - rallied as much as 67%.

American depositary receipts of Chinese blockchain companies also surged last Friday.

Investors pressured other firms to jump on the blockchain hype, using an online Q&A platform to submit thousands of questions on their plans to use the technology.

“Please proactively make expansion plans in blockchain to jump on state policies - doing so would be the best reward to investors, ” urged one shareholder of development-store operator Hunan Friendship & Apollo Commercial Co. — Bloomberg

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Friday, June 21, 2019

N. Korean glorious welcome for Predident Xi, China to support security, development concerns

https://youtu.be/f8TewXsQYvA

https://youtu.be/5cOCsVVc8Sg https://youtu.be/XzzUWwnRzOU

Chinese President Xi Jinping and North Korean leader Kim Jong-un held talks in Pyongyang Thursday where Xi received an unprecedented welcome. The talks touched on the China-North Korea relationship and the Korean Peninsula issue.

Xi, also general secretary of the Central Committee of the Communist Party of China (CPC), kicked off his two-day state visit to the neighboring country at the invitation of Kim, chairman of the Workers' Party of Korea (WPK) and chairman of the State Affairs Commission of the Democratic People's Republic of Korea (DPRK).

Xi said during the talks that the international community expects the DPRK and the US to keep pushing negotiations forward to reach a result, and China is willing to provide assistance to the DPRK in its "reasonable concerns on security and development."

China is willing to cooperate with the DPRK and other parties involved in the issue to push the political solution, Xi noted.

Kim responded that the DPRK highly appreciated China's contributions in pushing forward the peace process of the peninsula issue.

His country has made positive efforts to avoid tensions in the past year, but "relevant parties" haven't offered any positive response, and this is not what the DPRK wants to see, Kim said. But North Korea is patient to keep communicating with "relevant parties" to find a solution that could be accepted by all parties, Kim noted.

Zheng Jiyong, director of the Center for Korean Studies at Fudan University in Shanghai, said a key reason why the bilateral negotiations between North Korea and the US can't move on is that Washington doesn't want to offer a positive response to Pyongyang's security concerns. Pyongyang feels insecure and so it is reluctant and suspicious to make more concessions, he noted.

"China is capable of making North Korea feel secure and protecting it from unreasonable bullying and threats," Zheng said.

Lü Chao, a research fellow at the Liaoning Academy of Social Sciences in Shenyang, said that although the US prefers a bilateral mechanism, it still needs a third party to guarantee the implementation of denuclearization once it reaches an agreement with North Korea.

A third party or a new international cooperation mechanism is needed at this moment, Chinese experts noted, as the G20 summit in Osaka, Japan will take place at the end of the month, and five parties - China, the US, Russia, Japan and South Korea - of the Six-Party Talks, except North Korea, will gather in Japan, offering a good opportunity for them to discuss such an issue.

China is showcasing its unique influence over the peninsula issue to the US before the G20, Chinese experts noted.

At the invitation of Xi Jinping, general secretary of the Central Committee of the Communist Party of China (CPC) and Chinese president, Kim Jong-un, chairman of the Workers' Party of Korea (WPK) and chairman of the State Affairs Commission of the Democratic People's Republic of Korea (DPRK), paid an unofficial visit to China from March 25 to 28. During the visit, Xi held talks with Kim at the Great Hall of the People in Beijing. Xi held a welcoming ceremony for Kim before their talks. Photo: Xinhua


Unprecedented ceremony

From the welcome ceremony at Pyongyang International Airport to the unprecedented salutation at the Kumsusan Palace of the Sun, Xi received the highest-level reception in the capital of North Korea that shows North Korea attaches great importance to the China-North Korea relationship with firm traditional friendship, Chinese experts noted.

About 10,000 people participated in the ceremony at the airport to welcome Xi and his wife Peng Liyuan. Meanwhile, hundreds of thousands of Pyongyang citizens formed a long welcoming line alongside the highway from the airport all the way to the Kumsusan Palace of the Sun. There were national flags and banners with slogans about friendship, unity and welcome everywhere in Pyongyang on Thursday.

This is the first time that a visiting foreign top leader received a salutation from the North Korean people at the Kumsusan Palace of the Sun, a magnificent building near the northeast corner of Pyongyang that serves as the mausoleum for Kim Il-sung, founder of the DPRK, and for his son and North Korean former leader, Kim Jong-il, who were both posthumously designated eternal leaders of North Korea, Xinhua reported.

Special relationship

"This is like three generations of North Korean leaders are witnessing a new milestone in the bilateral traditional friendship being forged by Xi's visit," Lü said.

After the ceremony, Xi and Peng moved into the Guesthouse of Kumsusan. Zheng said that the Kumsusan has unusual meaning in North Korea as it belongs exclusively to the Kim family. Kim was trying to emphasize his close and unique relationship with Xi.

"The ceremony is just like welcoming a family member and this also means the two parties and the two countries have a special relationship," Zheng said.

Rodong Sinmun, the WPK's flagship newspaper, said in an editorial Thursday that Xi's visit to "the DPRK despite the urgent and important tasks due to the complicated international relations vividly shows that the Chinese party and government are placing great importance on the DPRK-China friendship."

The history of the DPRK-China relations vividly records the comradely friendship between the leaders of the elder generation who closely cooperated with each other hand in hand on the road to accomplishing the cause of anti-imperialist independence, peace and socialism, the editorial said.

Xi said during the talks with Kim that the China-DPRK friendship is a strategic choice made by the two sides with a long-term and overall perspective and will not waver due to changes in the international situation.

It is a steadfast policy of the CPC and the Chinese government to maintain, consolidate and develop China-DPRK relations, he stressed.

The top leaders of China and the DPRK agreed during their talks to work together to create a bright future of inter-party and inter-state relations at a new starting point in history, Xinhua reported.

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Sunday, June 9, 2019

Alarm bells ring in Washington as China and Russia TEAM UP

https://youtu.be/QRZN3TleJzY

https://youtu.be/E9ofrCZB8EI

China's 'petro-yuan': The end of the dollar hegemony? | Counting the Cost

https://youtu.be/hQKf1Ob2Iys


https://www.express.co.uk/news/world/1137102/china-russia-partnership-trump-trade-war-putin-xi-jinping#t=9s

Moscow’s strongman this week welcomed Mr Xi to the Kremlin for a three-day state visit to sign new trade deals and investment promises. After the Chinese President touched down in Russia on Wednesday, Mr Putin led him on a tour of Moscow Zoo, where two pandas loaned to Russia by the Chinese for a 15 year project are staying. The offer of Ru Yi, a male, and Ding Ding, a female, who will live at the zoo with the aim of reproducing, was a “gesture of particular respect and trust in Russia,” Mr Putin said.

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But while it make take some time for the animals’ partnership to bear fruit - pandas are known to be reluctant breeders - the two leaders’ fellowship has hit “an unprecedented high level”.

Beijing is embroiled in a bitter trade war with Washington while Moscow is suffering the consequences of sanctions imposed by the West over the Ukraine conflict.

As their talks kicked off, Mr Putin told Mr Xi : “Our strategic partnership, we believe, has reached an unprecedented high level.


TRUMP, PUTIN, XI JINPING
Mr Trump's hard stance against Russia and China has brought the two countries closer together (Image: GETTY)
putin and jinping
 Mr. Putin led Mr Xi on a tour of Moscow Zoo to see the two pandas (Image: GETTY)
“We are living in the best of days, in terms of our country’s relations… Our interests are very similar.”
The fond words came at the start of the trip which will see the Chinese leader attend Russia’s flagship economic forum in St Petersburg later this week.

Mr Putin and Mr Xi vowed to deepen military technical cooperation at the talks in Moscow, as businesses from both nations signed off deals.

In a statement published by the Kremlin, Mr Xi said: “Over the past six years we have met almost 30 times … Putin is my best friend and a good colleague.”









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putin and jinping
The two pandas will stay in Moscow for 15 years (Image: GETTY)
The two men displayed a relaxed demeanour as they toured the zoo to begin the visit hailed as a “milestone” for the two countries’ alliance.

Last week, China’s deputy foreign minister, Zhang Hanhui, said: “The close and effective co-ordination of Russia and China on international affairs… has been an anchor and stabilising force amid rapid changes in the international situation.”

Beijing is Moscow’s top trading partner while Moscow is Beijing’s tenth-largest trading partner.
Later this year, the Power of Siberia pipeline connecting Russia to China is due to be complete, which is reportedly valued at £315bn ($400bn)

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Wednesday, November 21, 2018

Cooperation with China boosts Philippines' strategic initiatives

https://youtu.be/_v7DJzhY-WM
https://youtu.be/doU94yxiYdk

Schoolchildren wave the national flags of the Philippines and China along the route of Chinese President Xi Jinping's convoy at the Malacanang palace grounds in Manila on Tuesday. Photo: AFP
Chinese President Xi Jinping's state visit to the Philippines from Tuesday to Wednesday has caught international attention.

China-Philippines relations have been one of the most vacillating connections among China and its neighboring countries. During the rule of Benigno Aquino III, bilateral relations were at a low ebb due to frictions over the South China Sea. Incumbent President Rodrigo Duterte changed the Philippines' diplomatic course and brought ties with China back to the right track.

Last year, China surpassed Japan and became the largest trading partner of the Philippines. The two are conducting negotiations over the possible joint exploration of oil and gas in the disputed waters. If they reach an agreement, it could serve as an exemplary model for South China Sea claimant countries.

However, not everybody is happy to see Beijing and Manila set aside disputes and develop friendly ties. Besides obstruction from pro-US factions within the Philippines, some US and Western forces do not want to see rapprochement between China and the Philippines and even pressure the Duterte government to cut relations.

Recently, some Western media claimed that most of the assistance and investment that China promised to the Philippines was never fulfilled. Such tone maliciously aims to drive a wedge between Beijing and Manila.

In recent years, China has been advancing its Belt and Road initiative in Southeast Asia and has no reason to skip the Philippines when seeking investment and cooperation. In fact, relevant departments of the two countries have been working to push forward the implementation of cooperation projects.

The West has been accusing China's Belt and Road initiative of locking some countries into a debt trap. However, when it comes to the Philippines, the West criticized China for not fulfilling its promises. Behind such hypocritical words lie the West's deep-seated prejudice and hostility against China.

When the US strategically targets China, it is difficult for the Philippines - geographically adjacent to China while closely watched by the US - to keep independent strategic thinking and remain firm-minded.

But independent thinking and strong political determination are essential for every country. When Duterte first thought about mending ties with Beijing, independent thinking prompted Manila to face the question: What advantages can the country gain from enmity with China, if any? Will the Philippines benefit from it or will it be exploited by external forces?

The whole region should keep alert to whom will benefit from confrontation among South China Sea stakeholders. As one of the US' allies in Southeast Asia, the Philippines will always be a tool of the West to instigate provocations in the waters. After twists and turns, Philippine society will form its own judgment.

Many Philippine elite might have thought that their country and the entirety of Southeast Asia could rely only on the US and the West before China's rise, yet most regional countries did not achieve modernization. China offers more options for the Philippines, and because of China's rise, the Philippines and Southeast Asia have gained more attention. Compared with the Aquino era, the Philippines under Duterte has acquired more strategic initiatives without becoming overly dependent on other countries.

China-Philippines friendly cooperation has changed the strategic position of the Philippines and brought about a new pattern for its development. It is expected that Xi's visit will accelerate bilateral cooperation.

Newspaper headline: Xi, Duterte upgrade ties, Xi’s Philippine visit a ‘milestone’ event, Improved relations help keep stability in S.China Sea: expert


https://youtu.be/Nu0q5wraLGQ

As cooperation and political trust improve, China and the Philippines agreed on Tuesday to lift ties to a comprehensive strategic cooperation relations while stressing the need to manage disputes in the South China Sea through "friendly negotiations."

The decision was announced after visiting Chinese President Xi Jinping's meeting with Philippine President Rodrigo Duterte on Tuesday in Manila, the Xinhua News Agency reported.

Chinese experts stressed that the visit is a milestone event in the development of bilateral relations and the two countries will pursue greater cooperation under the framework of the China-proposed Belt and Road initiative (BRI) in the coming years.

As friendly neighbors across the sea, China and the Philippines enjoy geographic proximity and a strong bond that links the two peoples and cultures, Xi said, Xinhua reported on Tuesday.

Since Duterte took office, China and the Philippines have reopened the door of friendship and cooperation to each other, bringing real benefits to the two peoples and making important contributions to regional peace, stability and prosperity, Xi noted.

Xi's visit will largely promote bilateral relations as the visit shows that China values friendly relations with the Philippines, Gu Xiaosong, a research fellow on Southeast Asian studies at the Guangxi Academy of Social Sciences, told the Global Times on Tuesday.

"It is a milestone event in the development of bilateral relations," Gu remarked.

Glenn Penaranda, commercial counselor of the Philippine Embassy in China, told the Global Times on Tuesday that "Xi's visit is vital in highlighting the significant relationship between our two countries, particularly in trade and investments. The visit will encourage more and deeper engagements."

Improved China-Philippines relations will also play an important role in maintaining the stability of the South China Sea, experts noted.

"If China and the Philippines can reach an agreement on the exploration and development of oil and gas resources in the South China Sea, it will be a breakthrough in economic cooperation in the region and will largely promote the safety of the Asia-Pacific," Gu said.

Growth prospects

The prospects for economic and trade relations between the two countries are very bright as Philippine priorities are aligned with the key directions for industrial capacity cooperation under BRI, in sectors such as infrastructure, construction and building materials, chemicals and manufacturing, Penaranda said.

Gu agrees, saying that bilateral economic and trade ties will be further enhanced to a higher level, and the two countries will pursue more cooperation under the BRI.

As a developing country with more than 100 million people, the Philippines needs to improve its infrastructure and enhance the growth of its industrial enterprises, Gu noted.

"We need to better understand the opportunities for bilateral cooperation through increased engagements by enterprises," Penaranda said, noting that it is important that the frequent reciprocal visits of officials and business delegations continue.

Experts said China is committed to advancing the development with other countries and the Belt and Road initiative will bring greater growth to other developing countries and promote the economic integration of the Asia-Pacific region.

The two countries have conducted broad cooperation in transportation infrastructure and industrial parks and energy, and China is the Philippines' largest trading partner.

Trade between China and the Philippines increased 8.5 percent year-on-year to $51.28 billion, according to information released by China's Ministry of Commerce (MOFCOM) on Thursday.

As of the end of September, China's investment in the Philippines was $1.25 billion and the Philippines' investment in the Chinese market reached $3.33 billion, according to the MOFCOM.

Experts said cultural and educational exchanges between the two countries also see a huge potential.

The hospitality toward Chinese people is easily felt among the Philippine public.

The Chinese and Philippine flags were placed along Roxas Boulevard in Manila a week ago. Many Chinese who live and study in Manila waited along the boulevard on Tuesday to welcome Xi.

"We're so excited that President Xi has come to Manila. We hope the two countries could strengthen cultural exchanges in the future," Kui Jiangong, a PhD candidate from China who studies at Adamson University in Manila, told the Global Times on Tuesday.

"I have met many locals who like to discuss Chinese culture with me as they want to know more about China," he said. - Global Times

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Tuesday, November 20, 2018

‘America First’ undermines multilateralism, Pence's APEC speech offers nothing new

Illustration: Liu Rui/GT

‘America First’ undermines multilateralism


According to media reports, the Asia-Pacific Economic Cooperation (APEC) forum held in Papua New Guinea (PNG) was concluded on Sunday without leaders issuing the traditional communiqué, and PNG will instead issue a formal "chairman's statement," for the first time ever. PNG Prime Minister Peter O'Neill said talks broke down over language about the World Trade Organization (WTO).

The US is a strong advocate for WTO reform. While China has no objection for the necessity of reform, the two powers are widely divided over "what" to reform. The US thinks the WTO doesn't fit the current world economy and needs massive reform, but China hopes reform will focus on dispute settlement mechanisms.

China's view is echoed by most WTO members. But some developed countries have vacillated because they worry that the US, if objected, would exit the WTO and build another platform that it thinks enables fair competition. They also hope to benefit from US moves pressuring developing countries. As a major WTO founder, the US intends to overturn the system and start over again. This invites concerns that Washington would choose to support or abandon any international rule based on whether it serves US interest, bringing a fundamental tumult to international trade system.

"America First" has been deeply embedded in US foreign policy. Washington used to pursue its interest by building a US-led multilateral system, but now it just asks for benefits. Multilateral mechanisms are seeing their authority eroded. This will last for some time until Washington feels what repercussions of the collapse of the international system can bring to it.

Such impact will come sooner or later. Current international system carries Western values, endows a US leadership, supports the dollar as a major international currency and helps the US enhance its grip on international relations so that it can secure its interest easily. Destroying such a system will bring itself huge losses in the long run.

It's delusional of some US elites to think that China is the largest beneficiary of the international system since they mistakenly blame China for the US' own problems. China has realized its development through hard work, not by taking advantage of the international system. Though China's economy has rapidly expanded, it is due to China taking up a lot of work that US society doesn't want to do. A large share of China's foreign exchange that the country earned through toils has been borrowed by the US.

"American First" cannot become "America takes all." The US should give other economies room for further development and take care of its relationship with developing countries. All Western countries need to rethink the meaning of fairness. They can't take their vested interests for granted while hoping the developing countries stay at disadvantaged position forever.

Modifying WTO rules must aim at win-for-all, instead of interest redistribution for a few specific countries. It's impossible for the US to be the only winner. If it blocks the development path of other countries, the US itself will go nowhere either.

The APEC summit this year concluded without issuing a communiqué, but it is not a big deal. The summit between Chinese President Xi Jinping and his US counterpart Donald Trump during the G20 meeting later this month will carry much more weight. It is hoped Washington makes serious preparations for the summit and not pin its hopes on exerting pressure.- Global Times.

Pence's APEC speech offers nothing new

Illustration: Liu Rui/GT

US Vice President Mike Pence aimed bluntly-worded criticism toward China while delivering a speech at the Asia Pacific Economic Cooperation meeting in Papua New Guinea on Saturday. He repeated the US' hardline approach in its trade conflicts with China, reiterated the US' determination of freedom of navigation and criticized China's foreign aid and cooperation with other countries.

Pence is considered the spokesperson for the US' tough position on China. Apparently, he shoulders the responsibility of piling pressure on China before the summit between Chinese President Xi Jinping and US President Donald Trump during the G20 meeting later this month.

But a few hours before Pence said that the US will not back down from its trade disputes with China unless Beijing bows to US demands, Trump told a number of journalists in the White House that he may not impose more tariffs.

Washington has made quite a lot of noise recently, and Pence's speech at APEC barely offers anything new. Pence said that China's assistance drowns recipient countries in a sea of debt and makes them compromise sovereignty, and that the US offers a "better option."

"We don't coerce, corrupt, or compromise your independence. The United States deals openly and fairly," Pence said. In reality, however, the country that does as Pence described is China and the one that jeopardizes the sovereignty of recipient countries is in truth the US.

The most prominent feature of China's international assistance and cooperation is that it comes with no political strings attached. Is there a better way than this to show respect for others' sovereignty? A big problem in the US' relations with developing countries is that Washington often interferes in their internal affairs. In fact, many Western countries have preconditions, mostly political, attached to their assistance, which touches upon the social governance system of developing countries and hence puts them in difficult positions.

Just look at how many times the US has found political fault with China when it comes to economic cooperation, with human rights issues often brought up during trade negotiations with China. The US also wants to intervene in the business of China's State-owned enterprises. With the US treating the strongest country among its cooperative partners this way, it's easy to imagine what a difficult time it gives to less powerful and underdeveloped countries in trade relations.

If the US can truly behave as Pence claims and make economic cooperation separate from others' sovereignty and based on an equal footing, there would be no major divergence in principles between China and the US. It's a blessing for the world in the 21st century that China emphasizes both sovereignty and equality when it comes to international economic cooperation.

We especially welcome the US to adopt this attitude toward China-US relations and make comprehensive China-US cooperation a role model for the world.

The core consideration of US diplomacy is geopolitics rather than global development. Washington cares about the neighboring regions of major powers and offers its assistance to these regions so as to weaken the influence of regional major powers. Meanwhile, distant countries are forgotten by the US and other Western countries. The South Pacific is one such region. It is China's mutually beneficial cooperation in the region that has drawn the attention of the US and other Western countries back there. The same goes for Africa. A number of African countries used to be ignored by the West in its geopolitical map. However, China's cooperation with Africa has reshaped the attitude of Washington and other Western countries toward Africa.

The China-proposed Belt and Road initiative has been warmly received by a large number of countries because it's not a geopolitical strategy, but a development plan guided by the principles of extensive consultation, joint contribution and shared benefits. It meets the pressing needs of developing countries and hence has ignited their passion for the initiative. When meeting with Xi on Friday, leaders and government representatives of eight South Pacific countries expressed their gratitude for China's longtime assistance and loans that have had no political requirements attached. This is the epitome of how welcome the Belt and Road initiative is.

It is hoped that Pence's words concerning sovereignty, respect and equality can become real action taken as part of US foreign policy. As long as the US has goodwill and real action, it will no longer need to criticize China and other countries will sense this and support it. Belittling a third party is not a noble act on the international stage.- Global Times

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