Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Friday, June 23, 2017 02:41:02 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

China's Xi says Silk Road plan boosts finance, security ties

photo by

Russian President Vladimir Putin, right, and Chinese President Xi Jinping, left, walk prior to the opening ceremony of the Belt and Road Forum in Beijing on Sunday.

By
15th-May-2017       Readers ( 105 )   0 Comments
Comments
Share your thought
Post a comment »
Read all (0) »

AP, Beijing :
President Xi Jinping called Sunday for closer cooperation across Asia and Europe in areas from anti-terrorism to finance, as leaders from 29 countries gathered to promote a Chinese trade initiative that could increase Beijing's global influence.
The Belt and Road Initiative calls for building ports, railways and other facilities in a vast arc of 65 countries. Other countries welcome the investment but governments including the United States, Russia and India have expressed unease Beijing also might be using the effort to increase its political stature.
Speaking before an audience that included Russian President Vladimir Putin, Xi said his government has "no desire to impose our will on others." But he called for "economic integration" and cooperation on financial regulation, anti-terrorism and security - fields in which China's heft as the world's No. 2 economy would make it a dominant player.
"We should foster a vision of common, comprehensive, cooperative and sustainable security," said Xi. He called for stepped-up action against terrorism and what he called its root causes of poverty and social injustice. In a reminder of potential security threats, North Korea test-fired Sunday what could be a new type of missile in a direct challenge to the new South Korean president.
The "Belt and Road" is Xi's signature foreign policy initiative. The two-day meeting gives him a platform to promote his image as a global leader and free trade advocate in contrast to President Donald Trump, who has called for import restrictions. China is hardly the first government to promote regional trade links. Japan has given billions of dollars in grants and low-cost loans to Southeast Asian nations, and governments including South Korea have launched trade initiatives. But Beijing's effort is the most ambitious and is backed by China's financial muscle and status as the biggest global trader.
Chinese officials have said previously "Belt and Road" is purely commercial, though Xi's comments indicated Beijing sees that as including a broad array of regulatory and other coordination with potentially far-reaching consequences.
Some diplomats and political analysts say Beijing is trying to create a political and economic network centered on China, push the United States out of the region and rewrite rules on trade and security. The United States and Japan, which Beijing sees as rivals for influence in Asia, are not part of "Belt and Road."
China and Russia already are partners, along with Central Asian governments, in the Shanghai Cooperation Organization, a security group widely seen as an effort to counter U.S. influence in the region.

0 Comments. Share your thoughts also.
Write a comment
Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

Mayors must do more to contain chikungunya in city


THE outbreak of mosquito borne diseases like a new type of fever called chikungunya, in addition to dengue fever in the city and elsewhere is causing additional concern to city dwellers and public health authorities how to protect people from this danger. People in most families in the city are ...

Back Page »

Zum'atul Wida


Abdul Muqit Chowdhury :The last Friday of the Holy Ramzan is called 'Zum'atul Wida'. It means 'departing Zum'a'. The musallies with due religious fervour join the Zum'a congregation and bid farewell to this month of patience and self-restraint. Al-Quran imposes obligation of the Friday prayer in the followingverses : "O ...

Cricket »

Malinga in hot water over 'monkey' comment


AFP, Colombo :Sri Lanka fast bowler Lasith Malinga faced an investigation Thursday after he compared a government minister to a monkey following criticism that the country's cricketers were too fat.Sports minister Dayasiri Jayasekera said he ordered an inquiry after Malinga lambasted him for questioning the endurance of Sri Lankan players ...

Entertainment »

Harry and Sejal grooving on Radha


Jab Harry met Sejal’s first song Radha is out and it’s as refreshing as it can get. The song features Shah Rukh Khan and Anushka Sharma dancing to the tunes of Sukhwinder Singh and Sunidhi Chauhan on the streets. The peppy number with its foot tapping music and catchy lyrics ...

Entertainment »

Samia Rahman’s Eid reality show Rupantor


Entertainment Report :A reality show will be telecasted in five days of Eid holidays and its result will be announced during this time. This short-term reality show Rupantor is planned by Samia Rahman. She will moderate the show. She will select 30 university females among hundred students. Produced by Samia ...

International »

Macron adds new faces to Cabinet after losing 4 ministers


AP, Paris :French President Emmanuel Macron brought several little-known figures into his government Wednesday as part of a reshuffle after corruption scandals started tarnishing his young Cabinet.Macron had planned to rearrange the government after his centrist party won a majority in parliamentary elections Sunday. He was forced to make more ...

Editorial »

Postponement of new VAT, but much more is needed


THE New VAT Act scheduled to become effective from July 1 is facing new crisis as the Finance Minister has been asked by the highest authority of the government to postpone it for the time being and find out why controversies with business communities and other stakeholders still remained unresolved. ...

Cricket »

Darren Sammy remains in Rajshahi Kings


Sports Reporter :The fifth edition of Bangladesh Premier League (BPL) Cricket will be held in this year. Defending runners-up Rajshahi Kings has started to form their team. West Indian star Darren Sammy led Rajshahi Kings in last year's BPL. Rajshahi Kings have retained Darren Sammy for this year's BPL. The ...

City »

Bangladesh Institute of Planners organised a discussion meeting on landslide at Jatiya Press Club yesterday.


Entertainment »

Afzal Sharif’s Eid TVC


Entertainment Report :Actors of the small screen always believe that they must have worked either play or telefilm in Eid. On the other hand, actors of big screen want their acted movie must be released in Eid. As a result, they pass the Eid festival joyfully. But actor Afzal Sharif ...

International »

State Department chastises Saudi Arabia, UAE over Qatar


 The Washington Post :The State Department issued an unusual public warning to Saudi Arabia and the United Arab Emirates on Tuesday over a diplomatic rift with fellow U.S. ally Qatar, and suggested that the Saudis may have provoked a crisis and drawn in the United States on false pretenses.Department spokeswoman ...

Editorial »

Encouraging violence is easy but containing not


AT the beginning we have to admit that we are glad the government leaders condemned the brutal attack on Mirza Fakhrul Islam Alamgir, the Secretary General of the majors opposition party BNP. In a highly rowdy situation Mirza Fakhrul Islam Alamgir's convoy came under attack allegedly by followers of ruling party ...

Football »

U-16 girls win Begum Sufia Kamal award


The Under -16 Girls who have kept the Bangladesh football's flag flying with their international success were finally rewarded when Bangladesh Mahila Parishad honored the Bangladesh women's U16 team with this year's Begum Sufia Kamal Award for their performance on the field.BFF's head of women's football, Mahfuza Akhter Kiron received ...

City »

Aparajeya Bangladesh formed a human chain in front of the Jatiya Press Club on Tuesday in protest against attack on BNP Secretary General Mirza Fakhrul Islam Alamgir in Rangunia.


Entertainment »

Tariq Anam, Suborna, Babu, Naziba`s Eid play


Sheikh Arif Bulbon :On the occasion of coming Eid, noted playwright and director Badrul Anam Soud has made a special play titled Durer Manush. Soud himself has written its story. Soud informed that story of the play revolves with a girl named Orpa.Naziba Bashar played the role of Orpa. Therefore, ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news