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Showing posts with label Politics. Show all posts
Showing posts with label Politics. Show all posts

Friday, November 8, 2024

Promote steady improvement and growth in China-US relations through the right way forward

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Chinese President Xi Jinping sent a congratulatory message to Donald J. Trump on his election as the next President of the US on Thursday. Xi noted that history tells us that both countries stand to gain from cooperation and lose from confrontation. A China-US relationship with stable, healthy and sustainable development serves the common interests of the two countries and meets the expectations of the international community. It is hoped that the two sides will, in the principles of mutual respect, peaceful coexistence and win-win cooperation, enhance dialogue and communication, properly manage differences, expand mutually beneficial cooperation, and find the right way for China and the US to get along with each other in the new era to the benefit of the two countries and the world.

We have noticed that President Xi's congratulatory message has received widespread attention and reports from international community. Phrases such as "China and the US must live in harmony in the new era," "Hopefully China and the US can find a way to get along" and "China and the US must live in harmony and manage differences" have become the themes of many media reports, fully reflecting the world's expectation for China-US relations. After the dust settled from the US elections, amidst the world's many concerns and worries regarding China-US relations, China's attitude undoubtedly provides valuable certainty and stability for both China-US relations and the world.

Where are China and the US headed? The Chinese side's answer to this question, including its attitude toward China-US relations, has been consistent. Although the situations of both countries and their relationship have undergone significant changes, China's commitment to the goal of a stable, healthy and sustainable China-US relationship remains unchanged; its principle in handling the relationship based on mutual respect, peaceful coexistence and win-win cooperation remains unchanged; its position of firmly safeguarding the country's sovereignty, security and development interests remains unchanged; and its efforts to carry forward the traditional friendship between the Chinese and American people remain unchanged. The four "unchanged" aspects reflect both strategic clarity and a sense of responsibility.

History and reality have repeatedly proven that China-US relations are not a zero-sum game in which one side loses and the other wins, or one rises and the other falls, because the two countries have enormous common interests. Forty-five years ago, it was the common interests that allowed China and the US to open the door of interaction that had been frozen for decades. By tapping into complementarity and drawing on each other's strengths, the two countries have significantly promoted the development of their respective economies and optimized and upgraded their industrial structures, while enhancing the efficiency and benefits of the global value chain. Today, China is one of the top three export markets for 32 US states, with more than 70,000 US companies investing and establishing businesses in China and 930,000 jobs in the US supported by exports to China alone. It can be seen that both China and the US have benefited from decades of generally stable bilateral relations, and it is in the two countries' mutual and fundamental interest to prevent conflict and confrontation and achieve peaceful coexistence.

China-US relations are not a multiple-choice question involving whether or not to do a good job, but a must-answer question on how to do a good job. Just as President Xi stressed, when China and the US work together, they can accomplish a great deal for the good of both countries and the world at large. There are many "cooperation common denominators" between China and the US. After the Chinese giant pandas Yaya and Lele arrived in the US, the number of visitors to the Memphis Zoo surged 46 percent. Last month, Baoli and Qingbao going to Washington caused quite a sensation; Tesla's win-win story of building a factory in Shanghai is still continuing; there is still ample room for cooperation between the two sides in trade, education, anti-drugs, justice, technology and other fields. In the face of a complex and intertwined international situation, the world looks to China and the US to lead international cooperation in addressing global issues. Countries around the world need to unite and collaborate, rather than divide and confront; the people of the world hope for openness and progress, rather than closure and regression.

China-US relations have weathered many storms over the past few decades, during which numerous pessimistic predictions have emerged. However, what people have actually seen is that whenever difficulties arise, it is cooperation - not confrontation - that resolves the issues. What pushes the relationship between the two countries as well as global peace and development to move forward is always win-win cooperation for mutual benefit rather than a zero-sum game. For China and the US, dialogue is better than confrontation, cooperation is better than decoupling, and stability is better than volatility. Regardless of changes in US domestic politics, this should be a shared consensus between both sides and a responsibility of these two major countries. China and the US must find the right way to coexist, as the fundamental lesson in the development of relations between the two countries is that we both stand to gain from cooperation and lose from confrontation.

The US side needs to recognize that China also has the right to develop. China's development is an opportunity for the US and the world, not a challenge. In fact, it has been proven that engaging in trade wars, industrial wars, and technological wars yields no winners. Attempting to solve problems through "decoupling" will only lead to opposite results. Forcing countries around the world to "choose sides" between China and the US has become an increasingly unpopular "multiple-choice question" for many nations. The US, in particular, should not tread on China's red lines regarding issues of sovereignty, security, and development interests.

The China-US relationship is the most important bilateral relationship in the world. How China and the US interact will determine the future and destiny of humanity. We hope that the US side will meet the Chinese side halfway to find the right way for two different civilizations, systems, and paths to coexist peacefully and develop together on this planet, promoting stability in China-US relations and striving for improvement and progress on this basis.


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Wednesday, November 6, 2024

As Trump declares victory, China handles US ties based on mutual respect, peaceful coexistence, win-win cooperation, FM says

Republican presidential candidate Donald Trump gestures to audience with his family and running mate at his election night party on November 6, 2024. Photo: VCG

 
China's policy toward the US is consistent, and it will continue to handle China-US relations based on the principles of mutual respect, peaceful coexistence, and win-win cooperation, Chinese Foreign Ministry spokesperson Mao Ning said in response to the potential impact of the US presidential election result on bilateral relations.

In response to another question related to the election result and potential additional US tariffs on Chinese goods, Mao said the US presidential election is an internal affair of the US. We respect the choice of the American people. As for the tariffs, we do not answer hypothetical question.  

Republican candidate Donald Trump has declared victory early Wednesday in the 2024 US presidential election, according to Xinhua. 

Trump told the audience at his election night party early on Wednesday that it was "time to unite" as a country, the Associated Press (AP) reported.

"It's time to put the divisions of the past four years behind us," Trump said. "It's time to unite."

As of press time, Donald Trump has 267 of the 270 electoral votes needed to win the White House and is leading in key races left to be called, including Michigan and Wisconsin, according to the AP.

First of all, whoever enters the White House in next four years needs to bear in mind that China and the US are the major powers and top two economies in the world, so they have significant roles to play and responsibilities to shoulder, Jin Canrong, associate dean of the School of International Studies at the Renmin University of China, told the Global Times on Wednesday.  

If the new president can learn lessons from his previous term to better manage the China-US relations and maintain cooperation and seek more common ground to avoid a zero-sum game and more confrontation, that would not only be good news to the peoples of China and the US, but also the rest of the world, Jin noted.

When asked if Trump wins, will the Chinese side send him a congratulatory message, Mao said that after the US election results are officially announced, we will handle related matters according to usual practice.

Tuesday, October 22, 2024

‘Give us what you stole from us’

 

Indigenous senator yells at King Charles as his Australia trip causes a stir


An Indigenous senator told King Charles III that Australia is not his land as the British royal visited Australia’s parliament, while Prime Minister Anthony Albanese said the monarch is no longer needed as the country’s head of state.

Sen Lidia Thorpe was escorted out of a parliamentary reception for the royal couple yesterday after shouting that British colonisers have taken Indigenous land and bones.

“You committed genocide against our people,” she shouted.

“Give us what you stole from us – our bones, our skulls, our babies, our people. You destroyed our land. Give us a treaty. We want a treaty.”

No treaty was ever struck between between British colonisers and Australia’s Indigenous peoples.

Charles spoke quietly with Albanese while security officials

stopped Thorpe from approaching.

“This is not your land. You are not my king,” Thorpe yelled as she was ushered from the hall. Thorpe

is renowned for high-profile protest action. When she was affirmed as a senator in 2022, she wasn’t allowed to describe the then-monarch as “the colonising Her Majesty

Queen Elizabeth II”. She briefly blocked a police float in Sydney’s Gay and Lesbian Mardi Gras last year by lying on the street in front of it. Last year, she was also banned for life from a Melbourne strip club after video emerged of her abusing male patrons.

Albanese, who wants the country to become a republic with an Australian head of state, also told the king it was time for his role to end. “You have shown great respect for Australians, even during times when we have debated the future of our own constitutional arrangements and the nature of our relationship with the Crown,” Albanese said. But, he said, “nothing stands still”.

Australia’s six state government leaders underscored the political divide on the country’s constitutional relationship with Britain by declining invitations to attend the reception. All six would prefer an Australian citizen was Australia’s head of state. They each said they had more pressing engagements yesterday, but monarchists agreed the royals had been snubbed.

Meanwhile, Charles joked about past encounters with Australia’s formidable wildlife – brown snakes, leeches, funnel web spiders and bull ants during his time at a rural grammar school called Timbertop when he was 17.

He did not mention being sneezed on by a nine-year-old suit-wearing alpaca named Hephner.

Greeting supporters at the Australian War Memorial, Charles stopped to admire a sartorially suave alpaca that was wearing a gold crown and suit. He reached out to “Hephner”, as the woolly camelid is known, and gave him a quick rub on the nose.

However, that caused Hephner to sneeze all over the king and his bodyguard who was also in the line of fire. — Agencies

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Saturday, October 5, 2024

Understanding BRICS

 



Western institutions like Goldman Sachs expect BRICS to dominate the world economy by 2050, but still cannot understand how it works despite its strengths.


FOUR countries, each with considerable growth promise, were exploring greater trade and investment prospects at the turn of the century.

They were already among the world’s top 10 countries by way of geographical spread, population size, and national economic strength in GDP, in both nominal and purchasing power parity (PPP) terms. They were also working well together.

Brazil, Russia, India, and China then came together in 2009, and Goldman Sachs nicknamed them by the acronym “BRIC”. South Africa joined the following year to make it “BRICS”.

Almost immediately, Western scepticism worked overtime. It ranged from how a grouping with no discernible identity could achieve anything, to how long such an association with no conceivable purpose could possibly last. The sceptics did not seem to notice that the five countries happened to form a quarter of the Group of 20 (G20). Serious observers had known that the G20 was steadily surpassing the Western-led Group of 7 (G7) countries in global significance.

The International Monetary Fund had initially identified the G7 as the world’s leading economies. Yet just the five BRICS countries had exceeded the G7 in terms of GDP in PPP – with the promise of more.

Clearly, BRICS represented a shift in the global economy’s tectonic

plates. A new planetary alignment in economic power was underway, but this could not be understood through old ways of thinking.

Within the typically narrow Western perspective, an alliance could hold only by targeting significant others outside the group – or had clear affinities among members in seeking to target others.

Evidently, BRICS did not fit this notion of an intergovernmental grouping to work. BRICS was not about targeting anyone, but about developing members’ potential for building a more equitable global order together.

Obviously, those intent on keeping the Global South permanently down will be alarmed by BRICS’ development. However, such neocolonial attitudes are now the ones fading out.

BRICS is about the Global South spreading its wings, in solidarity with transnational partners and megatrends moving in that direction.

To emerging regions in the developing world this is identity and purpose enough, even if it is a blur to former colonial powers.

Typically, many in the West cannot fathom how BRICS can

nd appeal to any “friendly” or nonaligned country. They assume that countries come together only as an “alliance”, which in turn must work to rival or oppose others in zero-sum fashion.

They tend to forget that BRICS began as a small community of emerging economies exploring greater trade and investment opportunities. Economic development is crucial to countries of the Global South because colonialism had robbed them of it.

Among the Global North’s misperceptions is that BRICS is a rival to the G7. That is a mistake in terms of BRICS’ identity and purpose.

Rivalry is another party’s definitive challenge to the point of rendering one redundant or irrelevant, and then usurping one’s purpose through displacement.

To that end, the G20 should be paired with the G7 and BRICS with the Organisation for Economic Cooperation and Development (OECD). The G20 and G7 are competing entities much like BRICS and the OECD, not BRICS and the G7.

Each group has agency, yet only represents emerging or receding megatrends. Countering “unfavourable” megatrends is an enormous or impossible task that requires addressing their historic undercurrents, not the organisations themselves.

The fact that the G20 includes major BRICS countries shows that the G7 as its Western component, in ceding some influence, is facing the global shift towards multipolarity. This reality should be acknowledged and managed intelligently.

Most countries see no contradiction between joining BRICS and continuing healthy relationships with Western powers for mutual benefit. Of course, such relationships have to be based on equality and mutual respect between sovereign nations, not any kind of neocolonial or patron-client arrangement.

Indonesia reportedly considered joining BRICS, only to shelve the idea in prioritising OECD membership. Malaysia has applied to join BRICS, with an intention to join the OECD as well.

India as an important partner of the West is a leading member of BRICS. Vietnam is another Western partner considering BRICS membership.

US ally Thailand has applied for membership, while Laos and even its former “protectorate” master France have indicated interest in BRICS. Another Nato (North Atlantic Treaty Organisation) member Turkey showed interest in 2018 and applied for membership this year.

Naturally, nonaligned Malaysia seeks better economic opportunities with BRICS. After joining the Us-led Indo-pacific Economic Framework and the Trans-pacific Partnership (now Comprehensive and Progressive Agreement for Trans-pacific Partnership) once led by the US to exclude China, for Malaysia to snub BRICS would be to tilt against its main trading partner.

BRICS membership provides pluses that are cumulative with no trade-offs elsewhere. Even if only some Asean members join, it would benefit Asean as a whole through better global economic networking, without disadvantaging neighbouring countries that are not BRICS members.

BRICS offers expanded trade and investment opportunities in new, untapped markets and preferential trading arrangements among members. Greater use of local currencies also reduces transaction costs, minimises exchange rate volatility, and strengthens the value and status of local currencies.

Membership also means access to funds from BRICS’ New Development Bank, and exchange-traded funds invested in members’ emerging economies that are among the world’s fastest growing. The potential benefits explain BRICS’ popularity among dozens of countries worldwide regardless of culture, history or politics.

For Asean countries like Malaysia, membership of BRICS and the Regional Comprehensive Economic Partnership (RCEP) as the world’s biggest trading bloc can mean powerful new synergies for accelerated and sustained economic growth. Every country has the responsibility to its citizens of making the most of every available development opportunity.

For the developing world, BRICS provides a means for fasttracking the route to fully developed status. For all countries in the Global South and North, it also provides coordinated efforts for fulfilling such global public goods as UN Sustainable Development Goals.

By BUNN NAGARA Bunn Nagara is director and Senior Fellow of the BRI Caucus for Asiapacific, and Honorary Fellow of the Perak Academy. The views expressed here are solely his own.

China has a real world economy, not the fake economy bases on money ptiting kike America


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