» 09/19/2012, 00.00
CHINA - USA
A first for Xi Jinping: meeting with Panetta on military cooperation
Xi Jinping reappears after two weeks of absence fueled with speculation about his health and Party struggles. The U.S. Secretary of Defense proposes a strengthening of ties between "the two great nations of the Pacific." The invitation to participate in a naval military exercise in Hawaii. The U.S. claim role as guarantors of peace in the Pacific Ocean. China buys Treasury bonds and holds the top spot as foreign holder of U.S. debt: 1150 billion.
Beijing (AsiaNews) - After nearly two weeks of absence, Vice-President Xi Jinping
has reappeared in his first high-level meeting with U.S. Secretary of Defense Leon
Panetta. The talk's agenda concentrated
on closer military cooperation, and an increased U.S. presence in the Pacific. Meanwhile,
China has bought more U.S.
treasury bonds its holdings now up to 1.15 trillion dollars.
Xi Jinping met his host in the setting of the Great Hall of the People, replete
with chandeliers and chairs. In recent weeks, the almost certain successor to
Hu Jintao as president and secretary of the Party, had canceled several
meetings with leaders of foreign countries, giving rise to waves of rumors
about a possible serious illness or increased struggle within the Party. Today
he appeared healthy and relaxed.
Panetta arrived in Beijing to push for a
strengthening of ties between China
and the U.S.,
"the two great nations of the Pacific", especially in the military
field. As a sign of friendship, he announced that the United States
will invite a Chinese ship to participate in naval exercises to be held in 2014 in the Hawaiian sea.
Panetta's visit to Beijing is part of a
week-long trip, which also includes Japan
and New Zealand.
It aims to increase the presence of U.S. forces in the region. Although
many countries look to the U.S.
presence as a deterrent to the expansionist Chinese, Panetta said that the
increase in U.S. military
personnel in the Pacific is not dictated by the wish to contain Beijing, but "engage China and expand its role in Pacific.
" "The aim is to create - he said - a new model in the relations
between our two powers in the Pacific."
As Panetta arrived in Beijing tension mounted between
China and Japan over the sovereignty of the Diaoyu Islands
/ Senkaku. The U.S. Defense Secretary appealed for calm on both sides and
described US policy as based on "basic principles" including free commerce, the
rule of law, open access to sea, air, space, and cyberspace, and resolving
disputes "peacefully without coercion or the use of force . He also showed that
U.S. hegemony in the Pacific
over the past 60 years had
helped bring prosperity to the region and that China had profited from it.
China, however, is not satisfied
regarding shipping routes and unhappy over some claims of sovereignty not only
for the Diaoyu, but also for the Spratly
On the other hand, Beijing has increased its
leadership as the biggest foreign owner of U.S. debt. In July, it acquired
still 2.6 billion dollars in United
States treasury bonds, reaching a market
share of 1.15 trillion dollars. For three months, China had not bought any bonds. According
to data from the U.S. Department of Commerce, in July, Beijing
recorded a 29.4 billion dollar trade surplus with the U.S. in July,
pushing the year-to-date amount to 174.4 billion.
China buying Euro debt
As Premier Wen Jiabao prepares to visit Great Britain, Hungary and Germany, Beijing says it will “continue helping European countries” realise stable economic growth. It also pledges to buy Eurobonds. However, China too is facing major economic problems, as its growth slows down and inflation surges.
2005 defence spending to hit 20 billion euro
14/11/2011 UNITED STATES – CHINA
APEC ends amid rows over the yuan and a proposal for transpacific free trade
The meeting of Asia-Pacific leaders ends with an agreement to create the largest trading zone in the world. Obama slaps Beijing for its undervalued currency.
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China and U.S. breathe sigh of relief: economy more important than human rights
For Mrs. Clinton, human rights will no longer be the main issue. In exchange, Beijing has decided to continue buying U.S. Treasury bonds, in order to support the American economy.
17/08/2007 CHINA - RUSSIA - IRAN
Iran seeks an alliance with China, Russia and central Asia against the USA
During the Sco summit, President Ahmadinejad asks for the creation of a defence system against Washington’s missile shield. Meanwhile China, Russia and central Asia promise greater collaboration above all in the field of energy.
Card. Tong’s article on China-Holy See dialogue, arouses joy and dismay
The Hong Kong bishop’s optimism over a change in the method of appointing bishops and the function of the Patriotic Association. But it is unclear whether it is real change or just nominal, in words. Underground bishops are patriotic and love their country, but the Party is suspicious of them. Freedom in episcopal appointments is “essential", but the bishops are not free to exercise their ministry. Patriotic bishops controlled in their visits with members of the universal Church. The "bugs" (hidden microphones) in a bishop’s office.
Card. Tong: The future of Sino-Vatican dialogue from an ecclesiological point of view
Card. John Tong
The Hong Kong Cardinal outlines the steps that hope to propel dialogue between China and the Holy See. Themes include the Pope's role in the appointment of bishops; A change of vision in the Patriotic Association; the possible integration of the underground bishops in the Episcopal Conference. A new article by card. John Tong, following a previous article published a few months ago on "Communion of the Church in China with the universal Church."
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