Chinese President, Xi Jinping said today that there should be no recurrence of Cold War tensions in the Asia-Pacific region. Warns that attempts to “create small geopolitical circles” will fail.
“The Asia-Pacific region should not and should not return to the point of conflict and division of the Cold War.” Xi said this at a virtual summit of managing directors of the Asia-Pacific Economic Cooperation (APEC) forum in Auckland, New Zealand on November 11-12.
Xi’s comments come amid a geo-strategic rivalry between China and the United States. And tensions in the region escalated last September with the announcement of the AUKUS Security Agreement between Washington, Canberra and London to counter the Asian giant in the Indo-Pacific region.
Facilitate trade and investment, maintain the stability and functionality of industrial and supply chains, and promote sustainable growth and economic growth supported by climate change to reduce energy losses.
“Without growth, it is impossible to gather the economic strength needed to achieve green change, while neglecting people’s livelihoods will lead to a loss of social support to pursue green change.”, Xi, who mentioned Did not attend the recent COP26 Climate Summit In Glasgow.
On the first day of the Asia Pacific’s Most Powerful Entrepreneurs’ Day, the participation of New Zealand Prime Minister Jacinta Artern, this year’s host of APEC and leaders of South Korea and Indonesia was also planned. , Singapore, Thailand and Vietnam. Held in New Zealand, the Business Summit will focus on a variety of issues, including the post-Govt economic recovery, digitalisation of the economy, free trade, green energy and climate change, as well as sustainable development and food security.
The event is a precursor to the APEC Leaders’ Summit, which accounts for 60% of global GDP and more than half of world trade, creating a market of about 2.85 billion consumers – 40% of the world’s population. Free trade zone between 21 member economies.
Establishing economies for APEC established in 1989: Australia, Brunei, Canada, Chile, China, South Korea, USA, Philippines, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Russia, Singapore, Taiwan, Thailand And Vietnam.
(With information from EFE)