Categories: world

USA, China in fine clashes on trade, influence on APEC

China and the United States traded heated barb's Saturday in front of an APEC summit meeting each other on protectionism,…

China and the United States traded heated barb’s Saturday in front of an APEC summit meeting each other on protectionism, trade tariffs and checkbook diplomacy in the region.

Speaking back-to-back on China’s President Xi Jinping and US Vice President Mike Pence drew some blows and presented strong contrasting visions for the region in 21 countries.

Xi broke out at the “America First” trade policy and in a thinly disguised sweep in Washington stressed that global trade rules should not be applied “with dual standards or egoistic agendas”.

The world’s two largest economies have become intricate in a burgeoning trade war, which means that you get fixed prices for each other’s goods in a confrontation that experts warn could torpedo the global economy.

Xi urged the world to “say no to protectionism and unilateralism,” warning that it was a “short-term approach and it is convicted of failure”.

For his part, a fighting Pence warned that US tariffs would remain in place unless Beijing “changed its way”.

“We have deposited $ 250 billion in Chinese goods and that number is more than double,” he said to CEOs from the region.

“We hope for better, but the United States will not change until China changes its way.”

President Donald Trump decided to skip the summit in Papua New Guinea and left the door open to Xi who arrived two days earlier for a state visit and has been the undoubted star of the show.

The APEC summit of leaders from 21 countries across the region has evolved into a tapping of influence between an increasingly independent China and a more reclaimed United States. 19659011] Unlike Trump, Xi arrived before the summit, opened a new road and a school in Port Moresby and held talks with Pacific Island leaders.

Papua New Guinea rolled out the red carpet for the Chinese leader, with dozens of people from different tribes

– Constricting belt & # 39; –

In his speech, Pence made exceptionally strong conditions on China’s Belt-and-Road initiative, which sees China offering loans to poorer countries in the region to improve infrastructure.

The Vice President called on the Pacific to embrace the United States, as he said, did not offer a “band or an easy way”.

He said that the terms of China’s loans were “opaque at best” and “too often they are linked with strings and lead to cheating debt”.

As opposed to criticism, Xi defended the plan among attacks as it resembles “

And the Chinese The leader warned that nobody would gain from increased tension between the United States and his emerging history has shown that the confrontation – whether in the form of a cold war, hot war or trade war – will give no winner, he said.

Pence for stressed that Washington would have a “better” relationship with Beijing.

“China has a honored place in our vision of a free and open Indo-Pacific, if it chooses to respect the sovereignty of its branches, embrace free, fair and mutual trade and maintain human rights and freedom of religion,” he said.

He added that the United States would merge with Australia in the development of a new naval base to be built in PNG’s Lombrum Naval Base on the Manus Island, which is seen as a drag against the Chinese influence of the Pacific Ocean.

– & # 39; Raskols & # 39; –

Officially, the 21 leaders will discuss the improvement of regional economic cooperation under the theme “embrace the digital future”, but the clear speech laid the foundation for a tense gathering.

Foreign ministers meet before the summit could not publish a joint statement, apparently due to differences in languages ​​in the reform of the World Trade Organization.

In the absence of Trump and Russian President Vladimir Putin, the summit itself has been relatively low and the focus has turned to Port Moresby.

The capital cities of Papua New Guinea have been ranked as one of the least-living cities for foreigners, with high crime, often committed by red streets called “raskols”.

Delegates are advised not to stand out alone – especially after dark – and officials and journalists have been hosting massive cruise ships moored in the harbor due to security problems and lack of hotel rooms.

The run-up to the summit was also overshadowed by the purchase of 40 luxurious Maserati cars that triggered anger in the poverty-deprived country, suffering from chronic healthcare and social problems.

China President Xi Jinping said there were trade barriers short-term and sentenced to failure

China’s President Xi Jinping said establishing trade barriers were short-term and sentenced to failure

US Vice President Mike Pence stressed that Washington would have a ” better relationship “with Beijing [19659035] Papua New Guinea has rolled out the red carpet for the visiting leaders, serenading them sporting parrot feathers, purse bowls and seashells necklace

Share
Published by
Faela