Global financial markets are facing a stark wake-up call that they need to unite to stand against acts of what can only be described as economic terrorism by a country which unilaterally imposes its will on others and pursues its own goals at the cost of the interests of others.
More than a year after US President Donald Trump fired the first tariff salvo at China, he is extending the battlefield around the world. On Friday, his administration announced that it will end special trade treatment for India, removing a status that exempts billions of dollars of the South Asian country's products from US tariffs. Trump is seriously mulling slapping tariffs on Mexican imports as he believes the country has taken advantage of the US for decades.
Even close allies cannot trust they will be exempt from Trump's tariff addiction. It was reported that the administration considered imposing tariffs on imports from Australia, but eventually decided against the move amid opposition from his aides, "at least temporarily."
Obviously, Trump, a businessman-turned president, is aiming his trigger finger regardless of the targets, be they US competitors or allies. Trump grumbles about his country subsidizing the world and weakening US industry and pledges to make America great again. But he doesn't realize that a great superpower is supposed to provide public goods rather than resorting to coercion for selfish gains. His tactics are nothing short of economic terrorism.
The International Air Transport Association has estimated that the US-China trade war and high fuel prices will wipe $7.5 billion off expected airline profits in 2019. This is just the figure from the airline industry, which is enough to show the disastrous impact the US-initiated economic terrorism has on the globe. Trump may disrupt the global supply chain with the US' economic clout, but how can a disrupted global supply chain serve the US' strategic objectives of being a great country?
What is worse, before the US becomes great again as the president wishes, he is actually employing the strategy of blocking other countries to take the lead, as we see in his actions in quashing Huawei's 5G advancement.
Later this month, leaders from the world's top economies will meet at the G20 summit in Osaka, Japan to discuss key economic issues that plague the world. The conventional views of globalization and its benefits are still shared by most countries, and many countries and regions are continuing to open their economies. They should unite to face the chaos created by the Trump administration and find a way forward, so the process of globalization will not be held hostage by the US' economic terrorism. - By Zhang Yi
As a civilization that is thousands of years old, China has
always been integrating into the current international system and
taking responsibility to defend the international order after the world
wars and the international rule of law coming into force. At the same
time, China is dedicated to promoting democratization and legalization
of international relations.
It gives me great pleasure to attend the 18th Shangri-la Dialogue. I would like to thank Dr. John Chipman for inviting me here and thank the Singapore government, the Ministry of Defense in particular, for the warm hospitality. I would also like to congratulate His Excellency Prime Minister Lee Hsien Loong on his excellent keynote address the other day. This is my first attendance at the Shangri-la Dialogue as China's defense minister. I am here for mutual confidence, cooperation and peace. I am glad to speak on China and International Security Cooperation.
I. Humanity is at a crossroad. Building a community with a shared future for mankind is the right path forward and the trend of the times.
The world today is undergoing profound changes unseen in a century. Destabilizing, uncertain factors and challenges continue to rise. President Xi Jinping's great vision of building a community with a shared future for mankind is the answer to harmonious coexistence of people across the world, the effective solution to global problems and the right path towards world peace and human progress. We take note that the US expounded on its perspective on regional affairs yesterday. We believe that any such perspective should take into account the common security and interests of regional countries. No approaches to regional issues should resort to military blocs, nor should they undermine the interests of others. We hold different views with the US side on several issues, and firmly oppose its wrong words and actions concerning Taiwan and the South China Sea. Now let's think about the following questions:
First, which should we choose, peace and development or conflict and confrontation? Peace and development remain the call of our times and the trend of history. However, global and regional hotspots flare up one after another and the risk of conflict and war persists. What is the cause for regional wars and conflicts, the spread of terrorism, the chaos in the Middle East and the refugee crisis in Europe? Who are behind all these and what is the root cause? These are the questions to be reflected on. Some deliberately create division and hostility, provoke confrontation, meddle with regional affairs, interfere in internal affairs of others, and frequently resort to arms. Whose interests on earth do they serve and whose do they harm?
Second, which should we choose, openness and inclusiveness or isolation and exclusiveness? See the world with an open and inclusive mind, and there will be friends and partners everywhere. See the world with a narrow and exclusive mind, and there are only enemies and adversaries. This is a self-fulfilling prophecy. However, lately we see a growing backlash against globalization and a surge of protectionism. A certain country champions unilateralism, puts its own interests before others, withdraws from international treaties and organizations. Aren't there many countries suffering from the willful infringement and sanctions?
Third, which should we choose, win-win cooperation or zero-sum game? Win-win cooperation makes the pie bigger and brings more benefits to all. However, zero-sum game makes no winner and harms the interests of both sides. Currently, over 150 countries and international organizations have proactively joined China's Belt and Road Initiative (BRI). Not long ago, over 6,000 delegates from 150 countries and 92 international organizations gathered in Beijing for the second Belt and Road Forum for International Cooperation. People can tell what is right.
Fourth, which should we choose, mutual learning among civilizations or arrogance and prejudice? A few days ago, China successfully hosted the Conference on Dialogue of Asian Civilizations. We believe that human civilizations are and should be colorful, equal, inclusive and willing to learn from each other. Not a single civilization should be worshiped or belittled. There are scars and tragedies in the history of human civilization which do not go away, to name only a few, the enslavement of Africans, the expulsion of native American Indians, the colonization in Asia, Africa and Latin America, and the killing of Jewish people. Unfortunately, some people recently pick up the decadent idea of "clash of civilizations". As racist and narrow-minded as it is, this is not right. How can we tolerate such a regress of history?
II. Facing complex and volatile international security situation, the Chinese government and armed forces stay committed to regional and world prosperity and stability.
Those who are familiar with China's modern history must know that the country was once poor and weak and went through enormous misery. The Chinese people know only too well the value of peace and the cruelty and destructiveness of war. Over the years, some have been recklessly hyping up, exaggerating and dramatizing the "China threat theory", partly due to the lack of understanding of China's history, culture and policies, but more likely due to misunderstanding, prejudice, or even a hidden agenda.
China sticks to the path of peaceful development. Such a commitment is underpinned by China's socialist system, the independent foreign policy of peace, and the cultural tradition that values peace and harmony. China shall follow the path of peaceful development, which is a solemn commitment to the people of China and the world. This has been written into the Constitution of the Communist Party of China and the Constitution of the People's Republic of China, thus reaffirmed as the will of the CPC and the state. If this is not even convincing enough for some people, then we don't know what they would believe? Over the past 70 years since the founding of the P.R.C., China has never provoked a war or conflict, nor has it ever invaded another country or taken an inch of land from others. In the future, no matter how strong it becomes, China shall never threaten anyone, seek hegemony or establish spheres of influence. History has proven and will continue to prove that China will not follow the beaten path of big powers seeking hegemony when it grows strong. Hegemony does not conform to China's values and national interests.
China adopts a military strategy of active defense. China's military strategy adheres to the principles of defense, self-defense and post-strike response. It stresses that "we will not attack unless we are attacked, but we will surely counterattack if attacked". China develops its military entirely for self-defense. The purpose is to defend the country and provide the people with a peaceful working environment, and ensure that our people are free from the disasters of war and enjoy a better life. We have never bullied or preyed on others, and we shall not let others bully or prey on us either. China develops its military to cope with security threats. Similar scenario can be found in the past when China had to develop nuclear capabilities of its own under nuclear threat. China's defense expenditure is reasonable and appropriate. China enhances national defense in order to meet the legitimate needs to defend its own security as well as contribute to the world force for peace.
The Chinese military is dedicated to safeguarding national sovereignty, security and development interests. The PLA is the people's force under the leadership of the CPC. The PLA has fought many battles and is not afraid of sacrifice. In face of aggression, coercion or hardships, it has stridden forward from victory to victory. The more severe the pressure and difficulties are, the stronger and braver the Chinese people become. Adversity only brings our nation greater solidarity and strength. As the lyrics of the Chinese national anthem go, "Arise, all those who do not want be enslaved. Let's build the new Great Wall with our flesh and blood." Faced with daunting and complex security challenges, the PLA vows not to yield a single inch of the country's sacred land, but it shall not seize anything from others either. The PLA has no intention to cause anybody trouble, but it is not afraid to face up to troubles. Should anyone risk crossing the bottom line, the PLA will resolutely take action and defeat all enemies.
The Chinese military stays committed to safeguarding regional and world security and stability. China is an active supporter of UN Peacekeeping Operations. It is the largest troop contributor among the permanent members of the UN Security Council and a major contributor of funds. We have established a peacekeeping standby force of 8,000 troops that is ready to be deployed. For years, China has been active in promoting bilateral and multilateral security cooperation. The China-Russia Comprehensive Strategic Partnership of Coordination has been running at a high level. The state-to-state and military-to-military relations between China and the US remain generally stable, despite twists and difficulties. We have strengthened the sense of shared destiny with ASEAN countries, deepened traditional friendship with India, Pakistan and other South Asian countries, maintained peaceful coexistence and good-neighborliness with surrounding countries, and built good relationship with the countries and militaries of Africa and Latin America. In October this year, China will host the 9th Beijing Xiangshan Forum. We welcome defense and military leaders and scholars from all over the world to attend the Forum.
III. While striving for common prosperity in the Asia-Pacific, we must respect the core interests and accommodate the security concerns of all.
China advocates that all countries, big or small, strong or weak, rich or poor, are equal members of the international community. We should respect and accommodate the legitimate security concerns of one another. China understands and respects the sovereignty, independence and territorial integrity of all countries, and supports the social systems and development paths they independently choose. China is not able to progress in isolation from the rest of the world; the world also needs China to prosper. We in China do not covet the interests, nor envy the development, of others. However, we shall never give up our legitimate rights and interests. No country should ever expect China to allow its sovereignty, security and development interests to be infringed upon. As for the recent trade friction started by the US, if the US wants to talk, we will keep the door open. If they want a fight, we will fight till the end. As what the general public of China says these days, "A talk? Welcome. A fight? Ready. Bully us? No way." I would like to further illustrate China's position on a few issues you may be interested in.
First, on Taiwan. The Taiwan question bears on China's sovereignty and territorial integrity. Not a single country in the world would tolerate secession. I visited the US last year. American friends told me that Abraham Lincoln was the greatest American president because he led the country to victory in the Civil War and prevented the secession of the US. The US is indivisible, so is China. China must be and will be reunified. We find no excuse not to do so. If anyone dares to split Taiwan from China, the Chinese military has no choice but to fight at all costs for national unity. Hereby, I have a message for the DPP authorities and the external forces. First, no attempts to split China shall succeed. Second, foreign intervention in the Taiwan question is doomed to failure. We took note that the US side mentioned the Taiwan Relations Acts in yesterday's speech. Is it of Taiwan or the US? Is it a Chinese law or an international law? We can find no justifiable reasons for the US to interfere in the Taiwan question by its domestic law. Third, any underestimation of the PLA's resolve and will is extremely dangerous. We will strive for the prospects of peaceful reunification with utmost sincerity and greatest efforts, but we make no promise to renounce the use of force. Safeguarding national unity is a sacred duty of the PLA. If the PLA cannot even safeguard the unity of our motherland, what do we need it for?
Second, on the South China Sea. The current situation in the South China Sea is improving towards greater stability. It is attributed to the common efforts of the countries in the region. However, there are always people trying to rake in profits by stirring up troubles in the region. Before the Dialogue, I paid a visit to Vietnam and Singapore and reached broad consensus with Gen. Ngo Xuan Lich and Dr. Ng Eng Hen on maintaining the stability in the South China Sea. I have a few questions concerning the issue to discuss with you.
First, who on earth is threatening security and stability in the South China Sea? Over 100,000 ships sail through the South China Sea each year. None has been threatened. The problem, however, is that in recent years some countries outside the region come to the South China Sea to flex muscles, in the name of freedom of navigation. The large-scale force projection and offensive operations in the region are the most serious destabilizing and uncertain factors in the South China Sea.
Second, who would benefit and who would suffer from the chaos in the South China Sea? In case of chaos in the South China Sea, we, the regional countries, are the ones to take the blunt. What are the purposes for certain countries to send military vessels and aircraft all the way from afar to the region? Aren't there enough examples that some big countries intervene in regional affairs, make troubles, walk away and leave a mess behind?
Third, should the stability in the South China Sea be maintained by countries in the region or outside the region? China and ASEAN countries have made positive progress in negotiating the COC. We hope that relevant parties will not underestimate the wisdom and ability of regional countries to properly handle differences and maintain peace. However, we welcome constructive suggestions from all countries.
Fourth, is China's construction on its South China Sea islands and reefs militarization? It is the legitimate rights of a sovereign state to carry out construction on its own territory. China built limited defense facilities on the islands and reefs for self-defense. Where there are threats, there are defenses. In face of heavily armed warships and military aircraft, how can we stay impervious and not build some defense facilities?
Third, on the DPRK nuclear issue. China is committed to denuclearization, peace and stability of the Peninsula and to a negotiated solution through dialogue and consultation. In recent years, the Chinese side has made active efforts in promoting peace talks and played an irreplaceable and constructive role. We hope that the US and the DPRK will accommodate each other's concerns with cool heads and patience, work towards the same goal and resume the dialogue for peace at an early date. The US and the DPRK should follow the dual-track approach and combine denuclearization with the establishment of a peace mechanism. We hope that the international community will positively respond to the legitimate concerns of the DPRK, trigger the reversible clause of the UN Security Council resolutions in due course, push for a declaration on the end of the war, and actively build trust among all parties.
Fourth, on China-US relations. This year marks the 40th anniversary of the establishment of diplomatic ties between China and the US. Despite all the ups and downs, China-US relationship has been steadily growing in the past 40 years. The most valuable lesson we have learned from the 4-decade-long relationship is that cooperation benefits the two sides while confrontation hurts both. Looking forward, the two countries should follow the consensus by the two heads of state and promote a China-US relationship featuring coordination, cooperation and stability. Through continued communication, the militaries of the two countries have agreed on many important issues. First, in terms of implementing the consensus of the heads of state, the two militaries agreed on building their relationship a stabilizer for the overall relations. Second, we agree on maintaining regular communication on the strategic level. The day before yesterday, I had a candid and practical discussion with Acting Secretary of Defense Patrick Shanahan. We reaffirmed the importance of maintaining communication and to develop a constructive military-to-military relationship. Third, in terms of managing risks and preventing conflicts, the two sides recognize that military conflicts or even a war between them would bring disasters to both countries and the world. It takes two to cooperate, but only one to start a fight. We hope that the US side will work with us towards the same goal, follow the principles of non-conflict, non-confrontation, mutual respect and win-win cooperation, and steer the China-US relations in the right direction.
The achievement China has made in the past 70 years since the country was founded is not a windfall or a handout from others. Neither was it made by engaging in military expansion or colonial exploitation. Instead, the country has developed through its people's hard work, wisdom and bravery as well as the win-win cooperation with the world since reform and opening-up. At present, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at its core, China enjoys political stability, social cohesion and steady economic growth. Blessed with peace, harmony, prosperity and good governance, the country is making progress on all fronts. The Chinese people are committed to realizing the Chinese Dream of great national rejuvenation. The Chinese military is ready to work with the armed forces of other Asia-Pacific countries to jointly respond to challenges, promote the building of an Asia-Pacific community with a shared future and safeguard peace and stability in the region.
June 4 marks the 30th anniversary of the Tiananmen Square incident. The Communist Party of China and the Chinese government have determined the nature of the incident. Chinese society has also made a comprehensive summary of it. Dropping the incident thereafter has been aimed at helping the country leave the shadow behind, avoid disputes, and help all Chinese people face the future.
We consider such practice a political success, although some people have criticized it from the perspective of news governance. Merely afflicting China once, the incident has not become a long-term nightmare for the country. Neither has the incident's anniversary ever been placed in the teeth of the storm. It has become a faded historical event, rather than an actual entanglement.
The Chinese government's control of the incident in 1989 has been a watershed marking the differences between China and former Eastern European socialist countries, including the Soviet Union and Yugoslavia. Since the incident, China has successfully become the world's second largest economy, with rapid improvement of people's living standards. The policy of avoiding arguing has served as a contributor to the country's economic take-off.
Today's China obviously has no political conditions to suddenly reproduce the riot of 30 years ago. Chinese society, including its intellectual elite, is now far more mature than it was in 1989. In those years, China's reform was carried out prior to those of the Soviet Union and Eastern European countries. China was completely inexperienced, with an intellectual circle filled with idealism. Chinese society today has seen enough of the political tragedies that occurred in the Soviet Union, Yugoslavia and some Arab countries.
Having become politically mature, we now understand the significance of the country's continuous development through evolutions instead of revolutions. We are also aware of the difficulties and complexity at the practical level.
As a vaccination for the Chinese society, the Tiananmen incident will greatly increase China's immunity against any major political turmoil in the future.
We have noticed that every year around June 4, certain forces outside the Chinese mainland stir up public opinion and attack China. Such forces consist of two groups of people: student leaders and dissidents who fled abroad after 1989, and Western politicians and media outlets.
The first group's understanding of the incident remains fixed in 1989. They refuse to correct their understanding of China's development and the changes that the world has been through. Their interests have been decoupled from the Chinese people and have merged with anti-China forces outside China. Their attitude toward the incident cannot represent those of today's Chinese public.
Western politicians' discussions of the incident are mainly influenced by their countries' relations with China. Due to the deterioration of China-US ties, US officials have launched fierce attacks against China that have focused on the incident since last year. But Chinese people are clear that those officials are not genuinely concerned about Chinese human rights, but are making use of the incident as a diplomatic tool to challenge China.
However, all these noises will have no real impact on Chinese society. The actions of the external forces are completely in vain.
The US offers its commiserations for so-called human
rights violations in China, yet in actions, it has been trampling on
China's human rights for years. It is time for Mr Pompeo and his
colleagues to stop the self-contradictory moves.
On Sunday, China released a comprehensive white paper to formalize its positions on trade negotiations with the U.S. The set of statements come as the trade war escalates and Beijing threatens to hit back with a retaliatory blacklist of U.S. firms. Here are some key takeaways from the press conference announcing the white paper:
U.S. ‘responsible’ for stalled trade talks
The “U.S. government bears responsibility” for setbacks in trade talks, chided the paper, adding that the U.S. has imposed additional tariffs on Chinese goods that impede economic cooperation between the two countries and globally.
While it’s “common” for both sides to propose “adjustments to the text and language” in ongoing negotiations, the U.S. administration “kept changing its demands” in the “previous more than ten rounds of negotiations,” the paper alleged.
On the other hand, reports of China backtracking on previous trade deals are mere “mudslinging,” Wang Shouwen, the Chinese vice minister of commerce and deputy China international trade representative, said as he led the Sunday presser.
China ready to fight if forced to
China does not want a trade war with the U.S, but it’s not afraid of one and will fight one if necessary, said the white paper.
Beijing’s position on trade talks has never changed — that cooperation serves the interests of both countries and conflict can only hurt both — according to the paper. CNBC’s Eunice Yoon pointed out that Beijing’s latest stance repeats previous statements made back in September.
#China white paper highlights out on state media. My take on msg so far:
-China is the grown-up
-China is the victim
-China wants talks but only as an equal
-China will fight US for as long as it takes
(Not too diff from Sep 2018 white paper same topic) https://t.co/A5LCw3kZVL
#China white paper highlights out on state media. My take on msg so far:
-China is the grown-up
-China is the victim
-China wants talks but only as an equal
-China will fight US for as long as it takes
(Not too diff from Sep 2018 white paper same topic) http://www.xinhuanet.com/english/2019-06/02/c_138110190.htm…
Deals must be equal
Difference and frictions remain on the economic and trade fronts between the two countries, but China is willing to work with the U.S. to reach a “mutually beneficial and win-win agreement,” stated the paper. However, cooperation has to be based on principles and must not compromise China’s core interests.
“Nothing is agreed until everything is agreed,” Wang said.
He said one needs not “overinterpret” China’s soon-to-come entity list, adding that it mainly targets foreign companies that run against market rules and violate the spirit of contracts, cut off supplies to Chinese firms for uncommercial reasons, damage the legitimate rights of Chinese companies, or threaten China’s national security and public interests.
China respects IP rights
The paper also touched on issues that are at the center of the prolonged U.S.-China trade dispute, including China’s dealings with intellectual property rights. U.S. allegations of China over IP theft are “an unfounded fabrication,” said the white paper, adding that China has made great efforts in recent years to protect and enforce IP rights.
Wang claimed that China pays the U.S. a significant sum to license IP rights every year. Of the $35.6 billion it shelled out for IP fees in 2018, nearly a quarter went to the U.S.
Investments are mutually beneficial
The white paper claimed that bilateral investments between the two countries are mutually beneficial rather than undermining for U.S. interests when taken account of “trade in goods and services as well as two-way investment.”
The Chinese government also pushed back at claims that it exerts influence on businesses’ overseas investments.
“The government is not involved in companies’ business activities and does not ask them to make specific investments or acquisitions,” said Wang. “Even if we make such requests, companies won’t obey.”
In response to China’s probe into FedEx over Huawei packages that went stray, Wang assured that “foreign businesses are welcome to operate legally in China, but when they break rules, they have to cooperate with regulatory investigations. That’s indisputable.”
The Shenzhen-based smartphone and telecom giant has been hit hard by during the trade negotiations as the Trump administration orders U.S. businesses to sever ties with the Chinese firm.
Chinese authorities announced on Saturday that relevant
department has decided to open an investigation into whether FedEx
violated the legitimate rights and interests of its Chinese clients.
Huawei recently revealed to the media that FedEx had diverted two
parcels sent from Japan destined for an address in China to the US, and
two others from Vietnam to Hong Kong and Singapore respectively were
also diverted to a US address after delay.
Source: Global Times | 2019/6/1 23:36:25
China's Ministry of Commerce announced on Friday that the
country will release its non-reliable entity list. Foreign entities,
individuals and companies that block and shut the supply chain, or take
discriminatory measures over non-commercial reasons, and when their
actions endanger the business of Chinese companies will be included in
the list.
Source: Global Times | 2019/5/31 20:09:26
The annual Shangri-La Dialogue kicked off in Singapore
Friday. Chinese Defense Minister Wei Fenghe and Acting US Defense
Secretary Patrick Shanahan will attend the event and make a speech,
raising observers' expectations on this year's Dialogue.
China
does not want a trade war, but it is not afraid of one and it will
fight one if necessary. China's position on this has never changed, the
white paper pointed out.
On Sunday, China released a comprehensive white paper to formalize its positions on trade negotiations with the U.S. The set of statements come as the trade war escalates and Beijing threatens to hit back with a retaliatory blacklist of U.S. firms. Here are some key takeaways from the press conference announcing the white paper:
U.S. ‘responsible’ for stalled trade talks
The “U.S. government bears responsibility” for setbacks in trade talks, chided the paper, adding that the U.S. has imposed additional tariffs on Chinese goods that impede economic cooperation between the two countries and globally.
While it’s “common” for both sides to propose “adjustments to the text and language” in ongoing negotiations, the U.S. administration “kept changing its demands” in the “previous more than ten rounds of negotiations,” the paper alleged.
On the other hand, reports of China backtracking on previous trade deals are mere “mudslinging,” Wang Shouwen, the Chinese vice minister of commerce and deputy China international trade representative, said as he led the Sunday presser.
China ready to fight if forced to
China does not want a trade war with the U.S, but it’s not afraid of one and will fight one if necessary, said the white paper.
Beijing’s position on trade talks has never changed — that cooperation serves the interests of both countries and conflict can only hurt both — according to the paper. CNBC’s Eunice Yoon pointed out that Beijing’s latest stance repeats previous statements made back in September.
#China white paper highlights out on state media. My take on msg so far:
-China is the grown-up
-China is the victim
-China wants talks but only as an equal
-China will fight US for as long as it takes
(Not too diff from Sep 2018 white paper same topic) https://t.co/A5LCw3kZVL
#China white paper highlights out on state media. My take on msg so far:
-China is the grown-up
-China is the victim
-China wants talks but only as an equal
-China will fight US for as long as it takes
(Not too diff from Sep 2018 white paper same topic) http://www.xinhuanet.com/english/2019-06/02/c_138110190.htm…
Deals must be equal
Difference and frictions remain on the economic and trade fronts between the two countries, but China is willing to work with the U.S. to reach a “mutually beneficial and win-win agreement,” stated the paper. However, cooperation has to be based on principles and must not compromise China’s core interests.
“Nothing is agreed until everything is agreed,” Wang said.
He said one needs not “overinterpret” China’s soon-to-come entity list, adding that it mainly targets foreign companies that run against market rules and violate the spirit of contracts, cut off supplies to Chinese firms for uncommercial reasons, damage the legitimate rights of Chinese companies, or threaten China’s national security and public interests.
China respects IP rights
The paper also touched on issues that are at the center of the prolonged U.S.-China trade dispute, including China’s dealings with intellectual property rights. U.S. allegations of China over IP theft are “an unfounded fabrication,” said the white paper, adding that China has made great efforts in recent years to protect and enforce IP rights.
Wang claimed that China pays the U.S. a significant sum to license IP rights every year. Of the $35.6 billion it shelled out for IP fees in 2018, nearly a quarter went to the U.S.
Investments are mutually beneficial
The white paper claimed that bilateral investments between the two countries are mutually beneficial rather than undermining for U.S. interests when taken account of “trade in goods and services as well as two-way investment.”
The Chinese government also pushed back at claims that it exerts influence on businesses’ overseas investments.
“The government is not involved in companies’ business activities and does not ask them to make specific investments or acquisitions,” said Wang. “Even if we make such requests, companies won’t obey.”
In response to China’s probe into FedEx over Huawei packages that went stray, Wang assured that “foreign businesses are welcome to operate legally in China, but when they break rules, they have to cooperate with regulatory investigations. That’s indisputable.”
The Shenzhen-based smartphone and telecom giant has been hit hard by during the trade negotiations as the Trump administration orders U.S. businesses to sever ties with the Chinese firm.
Chinese authorities announced on Saturday that relevant
department has decided to open an investigation into whether FedEx
violated the legitimate rights and interests of its Chinese clients.
Huawei recently revealed to the media that FedEx had diverted two
parcels sent from Japan destined for an address in China to the US, and
two others from Vietnam to Hong Kong and Singapore respectively were
also diverted to a US address after delay.
Source: Global Times | 2019/6/1 23:36:25
China's Ministry of Commerce announced on Friday that the
country will release its non-reliable entity list. Foreign entities,
individuals and companies that block and shut the supply chain, or take
discriminatory measures over non-commercial reasons, and when their
actions endanger the business of Chinese companies will be included in
the list.
Source: Global Times | 2019/5/31 20:09:26
The annual Shangri-La Dialogue kicked off in Singapore
Friday. Chinese Defense Minister Wei Fenghe and Acting US Defense
Secretary Patrick Shanahan will attend the event and make a speech,
raising observers' expectations on this year's Dialogue.
China
does not want a trade war, but it is not afraid of one and it will
fight one if necessary. China's position on this has never changed, the
white paper pointed out.
A heated online feud between two high-profile news anchors from China and the US ended on Thursday morning in a seemingly friendly manner, but also laid bare the prejudice of some US elites against China.
The highly anticipated debate between Liu Xin of China Global Television Network (CGTN) and Trish Regan of the Fox Business Network, hailed as a first of its kind, also underscored the urgent need for the two countries to conduct better engagement as the trade and technology war has escalated to dangerous levels, Chinese analysts noted Thursday.
After days of hype, Liu appeared on Regan's primetime show Thursday morning Beijing time, where the two anchors went head-to-head over a wide range of issues, from the ongoing trade war to China's economic system.
Many in China praised Liu's performance for pushing back Regan's questions with clearly biased connotations, despite Liu being at a disadvantage because it was the US anchor's turf and she was in control of the conversation.
"Liu was very calm and showed great demeanor; in contrast, [Regan] appeared to be fanning the flames, instigating war and judging from an established angle," one Sina Weibo user wrote.
Clear prejudice
Despite her apparent attempt to appear fair and friendly with occasional smiles, Regan's prejudice was palpable throughout the showdown lasting around 16 minutes.
She started off the conversation by introducing Liu as a member of the Community Party of China (CPC) and painted Liu as a spokesperson of the CPC, drawing an immediate rebuke from Liu, who said she was not a CPC member.
"Please don't assume," Liu said. "I'm here today, only speaking for myself as Liu Xin, a journalist working for CGTN."
"Right off the bat, [Regan] put a huge label on Liu, saying Liu was representing the CPC… so the American was obviously biased," another Sina Weibo user wrote. Some online even pointed out that there were about 88 million CPC members and 1.4 billion people in China. "How hard can it be to understand that?" one wrote.
After mumbling about unsupported claims that China steals US technologies, Regan dropped another ideologically biased question, while appearing to be asking about China's economic system: "How do you define state capitalism?"
As she did throughout the show, Liu responded with sound arguments, educating the US anchor about China's socialist economy with Chinese characteristics, where market forces play an increasingly bigger role and the private sector is a major force in the economy.
"Such prejudice [against China] has long existed in the US," said Liang Haiming, dean of Hainan University's Belt and Road Research Institute, who also focuses on China-US trade relations. "This will not change from one exchange like this."
Better dialogue
However, Regan, who had fiercely defended the trade war the US government has initiated against China without concrete proof, did show a much softer tone and even appeared to be backing down from some of her earlier comments.
The showdown on Thursday appeared to be friendlier than their earlier fiery exchanges online, drawing praise from some Chinese and even Chinese officials.
Reacting to the debate, Lu Kang, spokesperson for China's Foreign Ministry, said that he was happy to see "rational, open and frank" dialogue between Chinese and US people in different areas.
At a time when tensions between the two economic powers are running high, the two countries need more effective dialogue rather than constant finger-pointing and the debate might have set a great example for that, analysts said.
"This is like in 1971, when the US ping-pong team was invited to China. No one remembers who won the matches, but people remember only that the US team went to China," Feng Da Hsuan, chief adviser of the China Silk Road iValley Research Institute and former vice president for research at the University of Texas at Dallas, told the Global Times, referring to a ping-ping match that has been widely credited as the start of China-US diplomatic relations in the early 1970s.
Anchors’ debate trumps China-US tensions
The debate between Fox Business' Trish Regan and China Global Television Network (CGTN)'s Liu Xin began around 8:30 on Thursday (Beijing time) and lasted only 16 minutes, much shorter than people had expected. The debate went more like an interview where Regan kept throwing questions and Liu responded.
Before the debate started, other topics and an advertisement were broadcast, including a long talk by Venezuelan opposition leader Juan Guaido. After the event, Michael Pillsbury from Washington DC-based Hudson Institute, who is known for his anti-China stance, appeared to make his comments.
The international community has shown interest in the debate mainly because of the conflict between China and the US, which has gone far beyond being a squabble to do with trade. There is increasingly intense exchange of opinions but both sides barely conceded to each other's stance.
A straight-out face-to-face talk between the two anchors would have been generally welcomed, although there are some people who just wanted to be bystanders.
Anyway, the debate has made headlines. This shows that there was too little effective communication between Beijing and Washington. The US is a country where the press is largely free but their reports about the trade war and China have been colored with views of the US political elite. The voice that reflects China's views can hardly spread in the US. American media outlets would censor China's voices to fit the agenda set by the US administration, thus rendering the message going across almost ineffectual.
There were no big flaws in the anchors' performance in the debate. Regan was aggressive while talking about China in an earlier broadcast, but this time she was restrained - more like an anchor. In the meantime, Liu was humble and candid. The whole dialogue was cordial.
What they talked about was not surprising - the possibility of zero tariffs between China and the US, disputes about intellectual property, and whether China is a developing or developed country. When the debate began, Regan introduced Liu as a member of the Communist Party of China (CPC), but Liu corrected Regan by saying that she was not, "Please don't assume that I'm a member. And I don't speak for the CPC. Here, today, I'm only speaking for myself as Liu Xin, a journalist working for CGTN."
This has demonstrated that Regan, as well as many other US media staff, don't understand how the Chinese system led by the CPC works. They have taken many things for granted. Such misunderstanding colors US public opinion about China.
Apparently, the brief dialogue came short on being thorough. It was far from meeting people's expectation. But it was still regarded as conducive. It is better to make such efforts rather than desisting from trying to have effective communication between China and the US.
We hope the debate could remind people of the importance of China-US talks and help the two countries get rid of political shackles and utilitarianism in consultations and strive to break the estrangement.
Have the anchors set a good example? It depends on what happens in the future. We hope people can say "yes" when they look back someday.
By Shan Renping - a commentator with the Global Times. opinion@globaltimes.com.cn
Newspaper headline: Anchors’ debate trumps China-US tensions
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has admitted that a recent technical glitch is among the reasons for the sudden surge in utility bills.
TNB president and chief executive officer Amir Hamzah Azizan, who held a press conference yesterday, was apologetic and promised to investigate and resolve the issue as soon as possible.
Amir said the technical glitch between May 15 and May 20 caused a slight disruption to the system but it had since been resolved.
“Between May 15 and May 20, the system has been operationalised in stages so we can ensure we can (provide) service to the customers as fast as we can.
“By May 20, everything was back in operation. Some customers may have been billed for extra days (causing a hike in the bill),” he told the media.
Amir urged consumers to lodge a report if they noticed any discrepancies in their bills.
He vowed that TNB would investigate and address their complaints.
Amir said in April alone, the utility company received 5,621 complaints but this almost doubled to 9,028 in May.
“This brings the total number of complaints to 14,469 reports and from this, 11,331 have been resolved.
“We would also like to repeat our stand that TNB will keep its promise to investigate the reports.
“If there is evidence that we did overcharge, we will credit the amount back to our customers’ accounts,” Amir said.
He said a special task force, led by TNB’s chief retail officer Megat Jalaluddin Megat Hassan, had been formed to oversee the complaints and resolve the issue.
Megat Jalaluddin said that it usually took about two weeks to credit the amount back to consumers but it could be delayed due to the large number of complaints received.
Amir said other reasons for the sudden surge in electricity bills include old and faulty TNB meters, replacement of new meters and increased usage in the consumer’s household.
He also assured consumers of uninterrupted electricity supply, especially during Hari Raya.
“To those who have lodged reports or ongoing investigations, we assure that the disconnection notice will be postponed for two weeks.
“We would like everyone to have a peaceful Hari Raya celebration,” he said.
Amir said the operation hours of TNB offices would be extended from 8am to 6pm from Monday to Saturday, except for public holidays.
As for the TNB Careline, the hours will be extended from 7am to 11pm every day including public holidays, except for Sunday.
This is to help facilitate complaints from consumers and to help resolve their billing issues as soon as possible.
On comments by Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin that TNB would be fined even after it rectifies the billing problem, Amir said at the moment the utility company would focus on fixing the problem.
“My focus is to resolve this issue, we will talk about other issues later. The consumers are our priority,” he said.
During an interview on 8TV’s Global Watch programme on Thursday, Yeo said the Energy Commission had already given TNB a warning letter and an instruction notice to resolve the problem.
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) should give a concrete explanation for the sudden discrepancies in electricity bills and take holistic steps instead of just depending on complaints from users, say consumer groups.
Consumers Association of Penang (CAP) education officer N.V. Subbarao said TNB, as the national utility company, must take responsibility instead of depending on consumers to come forward and lodge reports.
“TNB must do the due diligence. It will be unfair to those especially in the rural areas,” he said.
Federation of Malaysian Consumers Associations (Fomca) chief operations officer T. Saravanan said that while TNB wanted users to lodge complaints, the utility company needed to improve its customer service and response time.
He noted that TNB should explain why there was a technical glitch in its system.
“The problem should have been communicated to the public earlier and they should not have waited for the Energy Commission or Energy, Science, Technology, Environment and Climate Change Ministry to intervene,” he said.
He also noted that the Energy Commission should investigate the issue and publish its findings.
“An independent investigation team should be formed so that the findings won’t be biased.
“The Energy Commission should play an important role in protecting consumers,” said Saravanan.
Malaysian Islamic Consumer Association secretary-general Datuk Dr Ma’mor Osman said TNB’s explanation that the sudden increase in electricity bill was due to a technical glitch could not be accepted.
“The public cannot accept this as TNB has all the technology to check silly mistakes.
“TNB makes very high profits and they have monopolised the sector.
“If they do not give a satisfactory explanation, consumers will assume that they just want to make more money.
“If they know there is a glitch in the system, they need to inform all consumers.
“There is no point in blaming others for their wrongdoing,” he said.
