Beijing/ Woodside, Nov 16: Chinese President Xi Jinping has invited his US counterpart Joe Biden to take part in his pet global initiative the BRI and expressed his readiness to take part in the Washington-backed multilateral cooperate initiatives.
The Belt and Road Initiative (BRI) initiated by Xi in 2015 in which China is reported to have invested over a USD trillion has been widely criticised by the US, India and other countries as several countries including Sri Lanka and Pakistan, its biggest beneficiaries, reeled under mounting debt burden.
The US, India and many of the EU countries are not part of the BRI.
On the sidelines of the G20 Summit in New Delhi in September, Prime Minister Narendra Modi along with President Biden and other world leaders launched the India-Middle East-Europe Economic Corridor (IMEEC) to connect India, the Middle East and Europe with railways, shipping lines, high-speed data cables and energy pipelines.
In his four-hour-long meeting with Biden on Wednesday on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco, termed as “strategic and historic” by Chinese Foreign Minister Wang Yi, President Xi did not directly refer to the IMEEC but said, “China is also ready to participate in US proposed multilateral cooperation initiatives”.
On the back foot, as the Chinese economy reeled under a prolonged slowdown with a flight of FDI and supply chains, Xi is on a charm offensive in the US to woo the “good times” of China-US ties back.
His talks with Biden were also seen as an effort to address apprehensions back home that the US and China were headed for a major confrontation.
Briefing the Chinese media on the Xi-Biden talks, Wang, who accompanied Xi, said “the two presidents had an in-depth exchange of views face-to-face. They offered views guiding the most pronounced issues confronting China-US relations, including adopting a correct perception of each other, properly managing differences, and advancing dialogue and cooperation”.
However, in his lengthy opening remarks at his summit with Biden as well as equally long speech at a banquet, Xi made no references to the US strategic heft into the Indo-Pacific and Beijing’s oft-repeated allegation that Washington is inciting “bloc confrontation” against China by forming groupings like Quad (US, India, Australia, Japan) and AUKUS (Australia, UK and US).
China is also peeved over the emerging close ties between the US and India.
Xi, 70, however, was blunt in asserting China’s claims over the self-ruled Taiwan.
The Taiwan question remains the most important and most sensitive issue in China-US relations. China takes seriously the positive statements made by the United States in the Bali meeting. “China will realise reunification, and this is unstoppable”, he told Biden. (PTI)
