B&R Initiative is not “debt trap” but “economic pie” Chinese FM

(Chinese State Councilor and Foreign Minister Wang Yi met the press Friday (March 8th) morning on the sidelines of the second session of the 13th National People’s Congress, and answered quite a number of questions on Belt & Road Initiatives, so call “Debt Trap”, China-US relations,  China-India relations, etc.)

B&R Initiative is not “debt trap” but “economic pie”: FM

The Belt and Road Initiative (BRI) is not a “debt trap” that some countries may fall into but an “economic pie” that benefits local population, Chinese State Councilor and Foreign Minister Wang Yi said Friday.

Wang made the remarks at a press conference on the sidelines of the country’s annual legislative session.
“It is not a geopolitical tool, but a great opportunity for shared development,” he added.

The initiative has become the world’s largest platform for international cooperation and the most welcomed global public goods, he said, noting that a total of 123 countries and 29 international organizations have signed BRI agreements with China.

“They have cast a vote of support and confidence in the BRI,” he said.
From the start, the BRI has followed the sound principle of consultation and cooperation for shared benefits, and it has created enormous opportunities for all participants, Wang said.

He cited a raft of examples. “Thanks to the BRI, east Africa now has its first expressway. Maldives has built its first inter-island bridge. Belarus is able to produce sedans. Kazakhstan is connected to the sea. Southeast Asia is constructing a high-speed railway. And Eurasian continent is benefiting from the longest distance freight train service.”

China, U.S. stand to gain from cooperation, lose from confrontation: FM

BEIJING, March 8 (Xinhua) — China and the United States stand to gain from cooperation and lose from confrontation, Chinese State Councilor and Foreign Minister Wang Yi said Friday.
“This is the most important thing we can learn from the past,” Wang said at a press conference on the sidelines of the country’s annual legislative session.
Though a lot of changes have taken place in the world and in both countries since they established diplomatic relations four decades ago, this valuable lesson still holds true today and must be adhered to and safeguarded, Wang added.
He said China and the United States should stay the course without any doubts and work together to build a relationship based on coordination, cooperation and stability — an important understanding reached by the leaders of the two countries. Noting that competition is normal, Wang said exaggerating competition will squeeze the space of cooperation.
Instead, it is in both countries’ interests to focus on expanding cooperation, which is also the two countries’ responsibility for the world, Wang said.
“We hope the U.S. will reject the zero-sum mentality, pursue shared goals with China, foster healthy competition while deepening our cooperation, and strive for win-win outcomes as we seek our own countries’ development,” he said.

China calls on Pakistan, India to settle disagreement by goodwill

BEIJING, March 8 (Xinhua) — China hopes Pakistan and India will replace confrontation with dialogue, settle disagreement by goodwill and create a better future through cooperation, Chinese State Councilor and Foreign Minister Wang Yi said here Friday.
When responding to a question about the recent tension between Pakistan and India, Wang said that China welcomes the willingness expressed by the two countries in recent days to de-escalate the situation and start talks.
“China has stressed from the beginning the need to exercise calm and restraint and prevent escalation,” Wang said at a press conference on the sidelines of the second session of the 13th National People’s Congress.
China suggests the two sides find out what happened and resolve the matter through dialogue while fully respecting each others’ sovereignty and territorial integrity, he said, adding that China has followed these principles in its mediation efforts and played a constructive role in defusing the tension.
China hopes the two countries, which are neighbors and heirs to an ancient civilization, will get along, help each other and progress together, Wang said.
“China also hopes Pakistan and India will transform the crisis into opportunity and meet each other halfway,” Wang said. “We advise both parties to quickly turn this page and seek a fundamental long-term improvement in their relations.”

China to become stronger, not assertive: FM

BEIJING, March 8 (Xinhua) — China will surely become stronger, but will not become assertive, Chinese State Councilor and Foreign Minister Wang Yi said Friday.
Wang made the remarks at a press conference on the sidelines of the country’s annual legislative session.
He stressed that assertiveness has never been part of the Chinese tradition and hegemony will never be its choice, even the country grows stronger.
“Yet like all other countries, China will protect its legitimate rights and interests, and will not allow any infringement of its sovereignty and dignity,” Wang said, adding that all Chinese diplomats will “clearly” and “firmly” state China’s positions against any of such infringements wherever they are.
China’s ideal and goal have always been to “interact with other civilizations on the basis of mutual respect, live in peace with all other countries and pursue win-win cooperation with the rest of the world,” Wang stated.
“Now and in the future, China will always reach fair conclusions on the merits of each matter, and act within the bounds of international law,” he said.

China backs company, individual not be “silent lambs”: FM

BEIJING, March 8 (Xinhua) — China supports relevant company and individual in seeking legal redress to protect their interests and refusing to be victimized like “silent lambs”, Chinese State Councilor and Foreign Minister Wang Yi said Friday.
He made the remarks when answering a question regarding the case of Huawei, during a press conference on the sidelines of the country’s annual legislative session.
The recent action against a particular Chinese company and individual is by no means a pure judicial case, but a deliberate political move to bring them down, Wang said, adding that China has taken and will continue to take all necessary measures to resolutely protect the legitimate rights and interests of Chinese firms and citizens.
“People can tell right and wrong. Justice will have its day,” Wang said.
“What we are standing up for is not just the interests of a company, but also a country or a nation’s legitimate right to development, and by extension, the basic right of all countries who wish to climb up the technology ladder,” Wang said.
China hopes all parties will follow rules, overcome prejudice, create a level playing field for businesses of all countries, and provide a safe and reliable environment for the interactions of people of all countries, Wang said.

China, India should be each other’s partner, opportunity: FM

BEIJING, March 8 (Xinhua) — China and India should be each other’s partner in pursuing their respective dreams and each other’s important opportunity for growing respective economies, Chinese State Councilor and Foreign Minister Wang Yi said Friday.
The two countries should collectively make due contribution to Asia’s revitalization and prosperity, Wang said at a press conference on the sidelines of the country’s annual legislative session.
The historic meeting between President Xi Jinping and Prime Minister Narendra Modi last year has created a new model of high-level interactions between the two countries, enhanced the mutual trust and friendship of leaders of the two countries, and set the direction for future relations, Wang said.
Government departments on both sides have done a lot and made considerable progress in following through on many of the understandings reached by the leaders, he said.
“The priority now is to see that the strategic understandings of our leaders trickle down to our people and become a common view and conscious efforts,” Wang said.
China will work with India to comprehensively strengthen pragmatic cooperation and people-to-people exchange, so that “our friendship and cooperation will surge ahead like the Yangtze and the Ganges, giving strong and sustained impetus to our relationship.” Wang added.

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