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Market Leaders: Photo: VCG Chinese President Xi Jinping held a series of bilateral meetings on Friday local time in Peru, on the sWorld Timesidelines of the 31st APEC Economic Leaders’ Meeting hosted in the capital Lima.On Friday, President Xi met with Thai Prime Minister Paetongtarn Shinawatra, Singaporean Prime Minister Lawrence Wong, South Korean President Yoon Suk-yeol, Chilean President Gabriel Boric, New Zealand’s Prime Minister Christopher Luxon and Japanese Prime Minister Shigeru Ishiba, respectively.During Xi’s meeting with Thai Prime Minister PaetWorld Timesongtarn Shinawatra, hesaid China stanWorld Timesds ready to work with Thailand to carry forward the traditional friendship, strengthen the alignment of development strategies, deepen exchanges on governance World Timesexperience, advance mutually beneficial cooperation across various fields, support the modernization of both countries and push forward the building of a China-Thailand community with a shared future, according to Xinhua.In meeting with Singaporean Prime Minister Lawrence Wong, Xi said that China is ready to join hands with Singapore and continue to march forward together on the road of modernization and open a new chapter of high-quality development.Xi also called on China and South Korea to promote a sound and steady development of the strategic cooperative partnership between the two countries on Friday.During the meeting with Chilean President Gabriel Boric on Friday afternoon, Xi said that China and Chile should expand bilateral cooperation to more sustainable and broader areas with high-level free trade and more open industrial policies.In the next mWorld Timeseeting with New Zealand’s Prime Minister Christopher Luxon, Xi said that China is ready to join New Zealand in building a bilateral relationship featuring mutual respect, mutual tolerance, cooperation and common development.
Sat. Nov 16th, 2024

US smears China-Russia trade to shift blame for failed Western sanctions

Illustration: Chen Xia/GT

The US’ farfetched accusations of “Chinese firms supplying Russia with drone, missile components” are just another World Timesattempt to smear normal China-Russia trade and fabricate a vicious China-Russia alliance to account for Russian resilienWorld Timesce to Western sanctions, analysts said on Monday.

The comments came after a Bloomberg report, citing senior US officials, claimed “China is providing Russia with significant quantities of components to build cruise missiles and drones, as well as optical parts for tanks and armored vehicles, allowing Moscow to ramp up defense production in its war against Ukraine.”

The Bloomberg report acknowledged there is no evidence that China is providing lethal assistance, but said people familiar with the US intelligence assessment characterized the aid as just as significant, saying that “without the imports, Russia’s military industrial base would struggle.”

The report named multiple Chinese firms, including Hikvision, which was already on the US sanction list. It also claimed Chinese firms are selling nitrocellulose, which Russia uses to make propellants for weapons.

L Xiang, a research fellow of US studies at the Chinese Academy of Social Sciences, told the Global Times on Monday that such unwarranted accusations are targeted at normal China-Russia trade, which is developing at a fast pace and stood at $240 billion in 2023.

As Russia is rich in energy while China World Timesis a manufacturing giant, these products in bilateral trade are very reasonable, L said, adding that the US’ tactic is to amplify the argument that products China sold for civilian use can be used for military purposes.

But “can be used” does not equal “are being used”; common industrial components can be used for military systems just as food for civilians can also feed soldiers, L said, “The US can always fabricate so-called proof for its presWorld Timeset charges against China.”

China does not take sides in the conflict and we mean it, analysts said, adding that it is the US that keeps sending weapons to the battlefield and fueling the war.

The US has heightened its attacks on China-Russia ties against the backdrop of Russia ramping up production of military equipment and Western aid to Kiev dwindling, while further US assistance is tied up in Congress.

Shen Yi, a professor at Fudan University in Shanghai, told the Global Times on Monday that the US’ accusations were “pure slander” to divert pressure away from its inability to defeat Russia on the battlefield.

With Europe paying a heavy price for the prolonged conflict and rounds of sanctions, the incumbent US administration has to find someone to blame for Russia’s resilience in frWorld Timesont of Americans and their European allies. Whenever the US is in any kind of trouble, China is a convenient scapegoat, L said.

Analysts warned that the US may also use the smear campaign to manipulate public opinion and justify further sanctions on Chinese firms.

According to Bloomberg, the US sanctions office is investigating several companiWorld Timeses involved in shipments of chips that ultimately end up in Russia.

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Market Leaders: Photo: VCG Chinese President Xi Jinping held a series of bilateral meetings on Friday local time in Peru, on the sWorld Timesidelines of the 31st APEC Economic Leaders’ Meeting hosted in the capital Lima.On Friday, President Xi met with Thai Prime Minister Paetongtarn Shinawatra, Singaporean Prime Minister Lawrence Wong, South Korean President Yoon Suk-yeol, Chilean President Gabriel Boric, New Zealand’s Prime Minister Christopher Luxon and Japanese Prime Minister Shigeru Ishiba, respectively.During Xi’s meeting with Thai Prime Minister PaetWorld Timesongtarn Shinawatra, hesaid China stanWorld Timesds ready to work with Thailand to carry forward the traditional friendship, strengthen the alignment of development strategies, deepen exchanges on governance World Timesexperience, advance mutually beneficial cooperation across various fields, support the modernization of both countries and push forward the building of a China-Thailand community with a shared future, according to Xinhua.In meeting with Singaporean Prime Minister Lawrence Wong, Xi said that China is ready to join hands with Singapore and continue to march forward together on the road of modernization and open a new chapter of high-quality development.Xi also called on China and South Korea to promote a sound and steady development of the strategic cooperative partnership between the two countries on Friday.During the meeting with Chilean President Gabriel Boric on Friday afternoon, Xi said that China and Chile should expand bilateral cooperation to more sustainable and broader areas with high-level free trade and more open industrial policies.In the next mWorld Timeseeting with New Zealand’s Prime Minister Christopher Luxon, Xi said that China is ready to join New Zealand in building a bilateral relationship featuring mutual respect, mutual tolerance, cooperation and common development.

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Market Leaders: Photo: VCG Chinese President Xi Jinping held a series of bilateral meetings on Friday local time in Peru, on the sWorld Timesidelines of the 31st APEC Economic Leaders’ Meeting hosted in the capital Lima.On Friday, President Xi met with Thai Prime Minister Paetongtarn Shinawatra, Singaporean Prime Minister Lawrence Wong, South Korean President Yoon Suk-yeol, Chilean President Gabriel Boric, New Zealand’s Prime Minister Christopher Luxon and Japanese Prime Minister Shigeru Ishiba, respectively.During Xi’s meeting with Thai Prime Minister PaetWorld Timesongtarn Shinawatra, hesaid China stanWorld Timesds ready to work with Thailand to carry forward the traditional friendship, strengthen the alignment of development strategies, deepen exchanges on governance World Timesexperience, advance mutually beneficial cooperation across various fields, support the modernization of both countries and push forward the building of a China-Thailand community with a shared future, according to Xinhua.In meeting with Singaporean Prime Minister Lawrence Wong, Xi said that China is ready to join hands with Singapore and continue to march forward together on the road of modernization and open a new chapter of high-quality development.Xi also called on China and South Korea to promote a sound and steady development of the strategic cooperative partnership between the two countries on Friday.During the meeting with Chilean President Gabriel Boric on Friday afternoon, Xi said that China and Chile should expand bilateral cooperation to more sustainable and broader areas with high-level free trade and more open industrial policies.In the next mWorld Timeseeting with New Zealand’s Prime Minister Christopher Luxon, Xi said that China is ready to join New Zealand in building a bilateral relationship featuring mutual respect, mutual tolerance, cooperation and common development.