Politics
Xi Jinping calls for building 'bridges' amid trade, diplomatic and territorial conflicts | World News
China will not become a strong state that tries to dominate others, Xi Jinping said. (Archive photo)
Chinese President Xi Jinping on Friday called for building “bridges” in the global economy as Beijing grapples with economic, trade and territorial disputes with neighbors and trading partners around the world.
China will never deviate from the path of peaceful development, Xi said at a conference commemorating China's guiding principles on foreign affairs first formulated 70 years ago.
China will also not become a “strong” state that tries to dominate others, Xi told conference participants, including former Myanmar President Thein Sein and former Party General Secretary Vietnamese communist, Nong Duc Manh.
“Facing the history of peace or war, prosperity or unity or confrontation, more than ever, we must advance the spirit and connotation of the Five Principles of Peaceful Coexistence,” Xi said.
The Five Principles first emerged in 1954 in an agreement with regional rival India over their Himalayan border. Despite this, Indian officials were absent from the front row of the audience reserved for honored guests.
Since the 1950s, China's ruling Communist Party has gone from being a country not recognized by the United Nations to having the world's largest diplomatic footprint and presiding over the world's second-largest economy.
Beijing now signals a desire for other countries to view it as a diplomatic heavyweight, even as other countries accuse it of economic coercion and unfair competition.
After China brokered an unexpected detente between Iran and Saudi Arabia last year, Wang Yi, China's top diplomat, said his country would continue to play a constructive role in handling sensitive global issues.
But Beijing's reluctance to condemn Russia's invasion of Ukraine and pursuit of a “no-holds-barred partnership” with Moscow pose obstacles to this ambition and have seen China skip a summit on a peace conference in Switzerland at the beginning of the month.
China's trade relations with the European Union are also under strain as the 27-state bloc plans to impose additional tariffs on Chinese-made electric vehicles, potentially opening a new front in the tariff war of the West with Beijing which began with Washington's first import duties in 2018.
The EU accuses China of flooding its market with cheap electric vehicles produced by Chinese carmakers that have benefited from heavy state subsidies.
“In the era of economic globalization, what we need is not to create chasms of division, but to build bridges of communication, not to erect the iron curtain of confrontation, but to pave the way for cooperation,” Xi said.
“DANGEROUS PERIOD”
China has recently adopted a softer tone in its dealings with the world, releasing an Australian journalist from prison, stabilizing ties with Canberra, resuming informal nuclear negotiations with the United States and agreeing to restructuring deals. the debt with its numerous creditors.
Tensions with closer countries nevertheless remain high.
Relations between India and China have been strained since the biggest military confrontation in decades on their disputed Himalayan border left 20 Indian soldiers and at least four Chinese soldiers dead in June 2020.
Since the clash, India has made it difficult for Chinese companies to invest, banned hundreds of popular apps and cut passenger routes, although direct cargo flights still operate between the Asian giants.
Tensions with the Philippines have also escalated in the South China Sea, where Manila and Beijing have competing claims, leading U.S. officials to remind Beijing that the mutual defense treaty obligations it has with the Philippines are foolproof.
“At the end of the day, we need a forum where people can talk, regardless of their size, their strength, their economic power, their military power,” Siddharth Chatterjee, U.N. resident coordinator for the United Nations, told Reuters. China, on the sidelines of the Beijing commemorative conference on Friday.
“It's about making sure that we have a dialogue, that we are engaged, because where we are now, we have entered a dangerous period. »
First published: June 28, 2024 | 1:07 p.m. EAST
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