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Wang Yi champions multilateralism at G20 meeting

in ASIA/POLITICS by

Upholding multilateralism, improving global governance and creating a community of shared interests are in line with the trend of the times and the common interests of all nations, Chinese State Councilor and Foreign Minister Wang Yi said here Monday.  Wang made the remarks while addressing the 2018 G20 Meeting of Foreign Affairs Ministers scheduled for Sunday through Monday. Welcoming the creation and development of the G20 as a new manifestation of multilateralism and an important advancement in the reform of global governance, Wang said that discussing issues concerning multilateralism and global governance is of great importance at a time when the G20 summit enters its 10th year. The G20 members, Wang added, should jointly build a community of shared future for mankind, and improve the global governance system under the guidance of reform.

China welcomes North Korea’s commitment to denuclearization

in FAR EAST/POLITICS by

Chinese State Councillor and Foreign Minister Wang Yi met North Korean Foreign Minster Ri Yong Ho in Beijing today and told him that China appreciates the North’s “important efforts” toward the denuclearization of the Korean peninsula. Wang also said Beijing hopes that a planned meeting between the leaders of North Korea and the United States advances smoothly and that the reasonable security concerns of all sides regarding the denuclearisation of the Korean peninsula should be taken into account.

North Korea’s Foreign Minister Ri Yong-ho is set to visit Russia, where Ri is expected to talk to senior Russian government officials about the situation on the Korean peninsula, Azerbaijan, where he is likely to attend a ministerial-level meeting of the Conference of the Non-Aligned Movement in Baku, and other former Soviet republics in the coming days. North Korea in fact has intensified diplomatic efforts ahead of its planned summit with South Korea on April 27 and first-ever high-level talks with the United States possibly by the end of next month.

Wang Yi “China’s reform and opening up is in line with the interests of the Chinese people”

in ECONOMY/FAR EAST by

China’s Foreign Minister Wang Yi, speaking at a business conference as part of the Greater Mekong Subregion Summit in Hanoi, in Vietnam, said China wants to share its development opportunities with other countries, but protectionism will mean closing the door into China. “China’s reform and opening up is in line with the interests of the Chinese people, and will also benefit other countries” Wang said, adding China will provide an even better investment environment for foreign companies, but he also added “Opening up should work both ways. China opens itself to other countries and hopes others will be open to China”.

Wang also said the country’s reform and opening up policy will neither be changed nor be affected by any external factors, referring to U.S. President Donald Trump’s move last week to slap up to $60 billion in tariffs on some Chinese imports.

Nepal and China fast track rail link in aftermath of Sino-Indian border row

in ASIA/FAR EAST/PRESS RELEASE/REGIONS by

Chinese Foreign Minister Wang Yi also said hoped Nepal could be a bridge between China and India. After talks with Nepalese Foreign Minister Krishna Bahadur Mahara, Wang said China and India should work hard to make sure their ties don’t derail, become confrontational or get out of control. China and India are partners and they have a opportunity for development, instead of sticking to the old mindset of perceiving each other as a rival or threat he said. Wang said China had no intention of bullying a small country, or interfere with Nepal’s internal politics. At the time,  Nepalese Foreign Minister Mahara saying that Nepal will not get dragged into the border dispute, nor be influenced by either China or India.

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