World: China's Xi Calls Efforts to Reshape Other Nations ‘Foolish’ - PressFrom - US
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WorldChina's Xi Calls Efforts to Reshape Other Nations ‘Foolish’

07:46  15 may  2019
07:46  15 may  2019 Source:   bloomberg.com

China's economy was losing steam even ahead of Trump's new tariffs

China's economy was losing steam even ahead of Trump's new tariffs China’s economy lost steam in April, underscoring the fragility of the world’s second-largest economy as it girds for an intensified face-off with the U.S. over trade. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Industrial output, retail sales and investment all slowed more than economists forecast. The state sector continued to boost investment while private business eased off, and growth in manufacturing investment came in at the slowest pace in data dating back to 2004.

Chinese President Xi Jinping delivered an optimistic message to President Donald Trump in a letter Friday, calling on the U. S . and China to redouble their efforts to meet halfway on a trade deal that has been the subject of high-level bilateral meetings this week in Washington. Trump was more tepid in

CHANGSHA, China — Inside a fishing gear store on a busy city street, the owner sits behind a counter, furiously tapping a smartphone to improve his score on an app that has nothing to do with rods, reels and bait.

China's Xi Calls Efforts to Reshape Other Nations ‘Foolish’© Bloomberg Xi Jinping, China's president and general secretary of the Communist Party of China, stands at the podium during the unveiling of the Communist Party's new Politburo Standing Committee in the East Hall of the Great Hall of the People in Beijing, China, on Wednesday, Oct. 25, 2017.

(Bloomberg) -- Chinese President Xi Jinping denounced as “foolish” foreign efforts to reshape other nations as he pushes back against U.S. trade demands.

“To think that one’s own race and civilization are superior to others, and to insist on transforming or even replacing other civilizations, is foolish in understanding and disastrous in practice,” Xi said Wednesday at the opening ceremony of the Conference on Dialogue of Asian Civilizations in Beijing. He made no direct mention of the trade dispute or the U.S. in his remarks.

Beijing slams US warship sail-by in South China Sea

Beijing slams US warship sail-by in South China Sea China said US warships sailed near disputed islands in the South China Sea without permission on Monday in the latest US challenge to Beijing's territorial claims in the region. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); The Chinese navy asked the US vessels to leave after they entered waters adjacent to Gaven and Chigua reefs in the Spratly Islands, which Beijing calls Nansha, the foreign ministry said.

China Plans to Reshape World Trade. China ’ s president will host almost 30 world leaders in Beijing on Sunday at the first Belt and Road Forum, the centerpiece of a soft-power Xi wasted no time filling the void. With exporting nations looking for a free-trade champion, he told the global elite in Davos

China is one of the few countries in the world today with money to spend, and Xi Jinping is ready to write some cheques. " China needs to recognise that the way it perceives the Belt and Road Initiative is not necessarily the same way others will," said Paul Haenle, a former China director on the US

Xi’s speech at the regional gathering Wednesday was closely watched since it was his first address since the U.S. proposed billions of dollars of fresh tariffs on Chinese goods. His sentiments were likely to resonate for an audience including representatives from several former colonies, and the crowd applauded after his "foolish" remark.

“Exchanges and mutual learning among civilizations should be reciprocal and equal,” Xi said. “They should be diversified and multidirectional, rather than compulsory or coercive. They should not be one-way.”

The presidents of Greece, Singapore, Sri Lanka and Armenia and Cambodian King Norodom Sihamoni are attending this week’s forum. China has invested in Sri Lanka and Cambodia under Xi’s Belt and Road trade and infrastructure program.

Taiwan president says China steps up infiltration efforts

Taiwan president says China steps up infiltration efforts Taiwan president says China steps up infiltration efforts

Be smart: China is not getting back into the business of exporting revolution as it did in the Mao-Era, and China ' s style of Leninist-Mercantilism is unlikely to fit other But Xi and the Communist Party's Marxist theoreticians who believe in “historical determinism”, a phrase that appears repeatedly in the

BEIJING — China ’ s Communist Party on Tuesday elevated President Xi Jinping to the same exalted status as the nation ’s founding father, Mao Zedong, by writing his name and ideas into the party constitution.

Trade Dispute

More than a year into the trade war between the U.S. and China, signs point to a deepening in their economic rift as both sides signal an unwillingness to compromise. Chinese state media has stepped up its rhetoric in the days since President Donald Trump’s administration released its list of proposed new tariffs, with state television proclaiming the country will “fight to the end if the U.S. wants to.”

Read more: China Vows ‘People’s War’ as Trade Fight Takes Nationalist Turn

“The Chinese people’s beliefs are united and their determination as strong as a rock to safeguard national unity and territorial integrity, and defend national interests and dignity,” Xi said Tuesday when meeting with visiting Greek President Prokopis Pavlopoulos.

To contact Bloomberg News staff for this story: Dandan Li in Beijing at [email protected]

To contact the editors responsible for this story: Brendan Scott at [email protected], Karen Leigh

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

China paper says U.S.'s forced tech transfer claims are 'fabricated'.
China paper says U.S.'s forced tech transfer claims are 'fabricated'

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