Home>Top Issues

China Says Trump Open to Cooperating on Silk Road Projects

Monday,Jun 26, 2017

From: Bloomberg News

 

President Donald Trump told China’s State Councilor Yang Jiechi in a meeting that the U.S. is willing to cooperate with Beijing on projects related to its Belt and Road infrastructure initiative, according to a statement from China’s foreign ministry.

Since his April meeting with Xi in Florida, Trump has toned down the anti-China rhetoric he campaigned on, and sent Matt Pottinger, National Security Council senior director for East Asia, as the U.S. representative at China’s first Belt and Road Forum in May. Engagement with President Xi Jinping’s signature project to build new trade and investment links between Asia, Europe and Africa would mark a contrast to the Obama administration, which turned down the opportunity to be a founding member of the related Asian Infrastructure Investment Bank.

Yang told Trump in a White House meeting Thursday that China highly appreciated the U.S. attendance at the gathering and would be willing to work with the U.S. on the initiative, the ministry said in the statement. The president responded that he would also be open to working together on related projects, according to the statement.

The White House didn’t respond to a request for comment.

Trump told Yang that he’s happy with the positive progress made in relations since meeting Xi and is looking forward to meeting him again in the Group of 20 nations summit next month in Hamburg, Germany, and visiting China within the year, according to the statement.

China Visit

As signs that a visit by the U.S. President were not on the cards multiplied, China had invited Trump’s daughter Ivanka and son-in-law Jared Kushner, both of whom have official jobs in the White House, to visit later this year, Bloomberg reported this week, citing people familiar with the matter.

Support from the White House for Belt and Road would be "a boon for China-U.S. relations," said He Weiwen, deputy director of the Beijing-based Center for China and Globalization(CCG), and a former business attache in the Chinese consulates of New York and San Francisco. "The Belt and Road projects are so big that Chinese companies can’t do them alone. They need to find partners elsewhere, including the U.S."

U.S. companies have already been deeply involved in the projects along the path, and business leaders in both sides have been calling for cooperation in third countries, he said.

Full Cooperation

The U.S. Chamber of Commerce and the China Center for International Economic Exchanges, a Beijing-based think tank staffed by a number of retired senior government officials, said in a joint statement Wednesday that the two nations can engage in full cooperation under the Belt and Road initiative and through a number of other means including the AIIB, World Bank, and other multilateral investment and financing institutions.

Trump isn’t the only U.S. leader who’s expressed openness to Belt and Road. California Governor Jerry Brown told Xi in a meeting in Beijing this month the most populous state is willing to join the initiative and expand cooperation on green technology, innovation and trade, according to a statement from the governor’s office and a report from the official Xinhua News Agency.

Yang and Trump also discussed North Korea, with the president saying the U.S. looks forward to better cooperation with China on addressing nuclear issues and working toward the de-nuclearization of the Korean Peninsula, the ministry said. Yang reiterated that China is willing to keep working with parties including the U.S. to ease tensions in the region.

Yang and other top officials were in Washington this week to take part in the new U.S.-China Diplomatic and Security Dialogue, a forum aimed at addressing key disputes between the world’s two largest economies, as well as security issues where they can work together.

 

From Bloomberg News ,2017-6-23

 

 

  • Education can be effective channel to bring China, India closer

    China receives more Indian students than the UK, according to India’s TNN. New Delhi ranks among the top 10 nations sending the highest number of students to Chinese varsities, the report claimed, adding that China has now become another most favored country of international students after the US.

  • Trump more likely to get in war over South China Sea if he wins

    Donald Trump is more likely to get in a war in the South China Sea if he wins the US presidential election while ‘president’ Hillary Clinton will continue the dialogue and cooperation process with China on trade issues although she always appears to be tough on China, said John Bellinger from Arnold and Porter’s National Security and Public International Law Practices.

  • China need to address difficulties as more companies go global

    In 2015, China’s outbound direct investment grew by 18.3 percent year-on-year to $145.7 billion, entering a golden era and for the first time ranking second globally. China also became a net exporter of capital for the first time in 2015.

  • 【CGTN】Shou Huisheng: The long road towards denuclearization in DPRK

    The drama surrounding the June 12 Trump-Kim summit, with Trump abruptly canceling the meeting on May 24 and then, within 24 hours, tweeting about the possibility of it actually going ahead, is truly stunning by any measure.

  • China sees biggest overseas returning wave in recent years

    According to official statistics, more than 70 percent of project leaders working at key national research projects are overseas returnees. A large number of academicians at Chinese Academy of Sciences and at China Academy of Engineering are overseas returnees.