20.10.17

Of the US, China & India....

Reacting strongly to US Secretary of State Rex Tillerson's comment on China undermining the international rules-based order, Beijing hit back asking the United States to shed its “biased views“ and work with it to uphold the momentum for steady and sound relations.

Chinese foreign ministry spokesman Lu Kang also said that Beijing is “happy“ over the development of ties between India and America as long as they are conducive to regional peace.

In a major India-policy speech on Wednesday, the US Secretary of State had highlighted the need for collaborating with New Delhi on offering an alternative model of financing infrastructure projects and economic development compared with that of China's, which the top US diplomat described as “predatory economics“. Tillerson had lashed out at the Chinese model of funding infrastructure projects and developmental activities, saying it does not create jobs and results in enormous level of debt.

Playing down Tillerson's criticism of China and his remarks to deepen ties with India, Lu told reporters here that the US should take more objective look at China's development.

“China steadfastly upheld the international order with the UN at the core, and based on the purposes and principles of UN charter we will firmly uphold the multilateralism, yet we will also firmly safeguard our own interests and rights,“ he said while responding to a question on Tillerson's remarks. The US diplomat had branded China a “predatory rule breaker“, especially in the South China Sea, and leaving countries in debt. China hopes that Washington can look China's development in an “objective way“ as well as China's role in the international community , Lu said. “We are happy to see the development of relations between India and the US as long as they are conducive to the peaceful development of the region and enhancement of relations among the regional countries,“ he said.

Tillerson's strong comments coincided with China's once-in-a-five-year congress of the ruling Communist Party of China that is set to endorse a second term for President Xi Jinping.

On October 17, a top official of the CPC told media in Beijing that Chinese firms have invested about USD 560 billion in different countries abroad most of it was stated to project financing. “Between 2013 and 2016, Chinese companies have invested about USD 560 billion overseas, paid over USD 100 billion in various kind of taxes to the host countries and created millions of jobs for the local communities,“ Tuo Zhen,spokesman of 19th Congress of the CPC said, refuting reports that China has been bringing its own workers and not hiring locally to execute several infrastructure projects that China is funding under the more than USD 50 billion China-Pakistan Economic Corridor.

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