Published: Sun, May 14, 2017
Worldwide | By Gretchen Simon

Belt and Road should be road of opening up: Xi


Duterte's attendance in the Beijing forum marks the Filipino leader's second visit to China barely a year after assuming the presidency.

India has expressed its displeasure over Chinese flagship project "One Belt, One Road" (OBOR), citing the nation would not accept a project that ignores its core concerns on sovereignty and territorial integrity.

In his opening address outlining China's vision, 63- year-old Xi referred to ancient Silk Road and spoke about significance of various civilisations, including the "Indus and Ganges civilisations".

"Sharif told the Chinese President that presence of all Chief Minister in the meetings reflects national harmony that prevails in Pakistan with regard to the country's relationship with China", the news agency quoted sources as saying.

NEPAL and China signed a Memorandum of Understanding (MoU) on bilateral cooperation under the framework of the Belt and Road Initiative here on Friday.

The two-day summit is expected to be attended by Russian Federation s President Vladimir Putin, Turkey s President Recep Tayyip Erdogan and 26 other leaders.

However, many countries remain wary of the OBOR strategy.

(Press Presidency Press Service via AP, Pool).

Attendees walk past decorations for the Belt and Road Forum in Beijing, China, Sunday, May 14, 2017.

Other Association of Southeast Asian Nation (Asean) leaders who will attend the Beijing forum are Indonesian President Joko Widodo, Myanmar State Counselor Aung San Suu Kyi, Malaysian Prime Minister Najib Razak, Cambodian Prime Minister Hun Sen, Laos President Bounnhang Vorachit, and Vietnamese President Tran Dai Quang. The prime ministers of Italy, Spain and Greece are expected, while Washington is sending a senior White House adviser.

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He said there could not be lasting peace unless Palestinian leaders spoke in a unified voice against "violence and hate". President, it's about time for Israel to end its occupation of our people and of our land after 50 years", he continued.

In a reminder of the potential security threats facing the region, North Korea test-fired a ballistic missile Sunday that flew for a half-hour and reached an unusually high altitude of 2,000 kilometers (1,240 miles).

The leaders of the United States and most European economies were notably absent Sunday.

In a communique announcing a new trade deal with China Thursday, the U.S. said it "recognizes the importance of China's One Belt and One Road initiative", but Washington is largely uninvolved in OBOR or connected projects like the China-led Asian Infrastructure Investment Bank (AIIB).

Based on this mentality, any program related to the Belt and Road initiative is viewed as an attempt by Beijing to grab more strategic space, and as the Chinese government does not have enough capital to support its ambitions, all the investment projects related to the initiative are regarded as a form of Chinese enterprises pledging allegiance to the government.

While OBOR has been hailed within China as something that can benefit the whole world and lift millions out of poverty, further afield its reception has been more mixed.

The post The trains and sea ports of China's new Silk Road appeared first on The Independent Uganda:.

Even neighboring India has been skeptical. Typical plans include the development of ports in Malaysia and Tanzania or highways in Pakistan and Tajikistan.

"Xi Jinping wants China to become the dominant regional power in an essentially Sino-centric order", Glaser said.

The Chinese foreign ministry said over 4,000 local and foreign journalists have registered to cover the event.

"While global trade and investment may increase the income of some groups of people, it may also cause unemployment and a decline in income among others, thereby contributing to greater levels of income inequality", the report said.

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