2023-10-18 04:43:49
China’s state and party leader Xi Jinping has spoken out once morest decoupling and economic sanctions. “We are once morest unilateral sanctions, economic coercion, decoupling and disruption of supply chains,” he said on Wednesday in his opening speech at the third Silk Road Summit in Beijing. “We will not engage in ideological confrontation, geopolitical games or confrontation through bloc politics.”
He did not address the Middle East conflict in this context. Seeing the development of other countries as a threat does not lead to a better life or faster development, Xi said.
Xi’s words were probably aimed not only at the international guests from Africa, Asia and South America, but also at Europe and the USA. Washington and Beijing’s economic relations have been hit because of existing technology sanctions once morest China. The EU is currently investigating Chinese subsidies for electric car manufacturers because of allegations of market distortion.
Xi had given a banquet the evening before and praised his global investment and infrastructure initiative “New Silk Road” as a success for the growth of the global economy. At a time when the world is not peaceful and the economy is in a downward trend, China continues to believe in cooperation and the principle of mutual benefit, Xi said, according to state news agency Xinhua.
Russian President Vladimir Putin praised China’s “New Silk Road” as a success. The Chinese investment project and Russian participation in it would ensure common solutions to important regional problems, said the Kremlin chief in Beijing. Putin spoke directly following Xi – a sign of the importance of Putin’s visit.
China was able to ignore the outstanding arrest warrant from the World Criminal Court once morest the Kremlin chief because it never accepted the Rome Statute of the Court. The “New Silk Road” is a billion-dollar project by China, with which the People’s Republic is investing in transport networks or ports and building them there, especially in Africa, South America and Asia.
China is an important partner for Russia because Beijing supports Moscow in its war of aggression once morest Ukraine through its neutral stance. China’s exports to Russia this year also increased significantly by more than 50 percent. China is also an important importer of Russian fossil fuels.
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