. Earth Science News .
TRADE WARS
China's Xi to visit Europe amid disquiet over Silk Road, Huawei
By Poornima Weerasekara with Charles Onians in Rome
Beijing (AFP) March 19, 2019

Chinese President Xi Jinping heads to Europe on Thursday as the continent is divided over his cherished Belt and Road trade infrastructure project and under US pressure to shun telecom giant Huawei.

Xi will start his trip in Italy before heading to Monaco -- the first visit by a Chinese president to the posh principality -- and cap his five-day journey in France.

His visit comes a week after the European Union released a 10-point plan outlining a shift to more assertive relations with Beijing, warning that China was a "rival" to the bloc as well as its biggest trading partner.

But Xi is expected to secure a non-binding agreement for Italy to join the $1 trillion Belt and Road Initiative.

China has financed maritime, rail and road projects in Asia, Africa and Europe through BRI, but critics warn that it mainly benefits Chinese firms while setting up a "debt trap" in financially vulnerable countries.

Italy's would be the first G7 nation to join the ambitious venture, raising eyebrows among Western allies.

EU members Greece and Poland have also embraced the "New Silk Road" but others in the bloc fear it could lead to growing Chinese government influence on the continent.

A White House official, Garrett Marquis, last week tweeted that there was "no need" for Italy to endorse "China's infrastructure vanity project".

French President Emmanuel Macron said EU countries should have a "coordinated approach" to Beijing and urged for cooperation based on the "spirit of equality (and) reciprocity".

But Italian Prime Minister Giuseppe Conte, who will meet Xi, dismissed the concerns, saying there were no risks.

"For us, collaborating with China on Belt and Road is a choice of a purely economic or commercial nature, perfectly compatible with our position in the Atlantic alliance and in the EU," Conte told Corriere della Sera newspaper.

A draft of the non-binding memorandum of understanding published in Italian media reveals broad undertakings for cooperation in logistics, infrastructure investment, financial and environmental sectors.

Beijing has been eyeing investment in the Italian ports of Trieste and Genoa that offer easy access to Europe's markets, Giuliano Noci, a China expert at Milan Polytechnic business school, told AFP.

He said any deal should ensure that the "ports remain Italian" warning Rome must avoid the model of the Greek port of Piraeus, which was taken over by Chinese shipping giant Cosco in 2016.

Xu Tiebing, professor of international relations at Communication University of China, said Italy has maintained a supportive attitude towards Beijing despite "some pressure from the United States".

- Picking sides -

Xi's trip also comes as the United States is urging European allies to avoid using Huawei for next generation 5G networks, warning it could serve as a "backdoor" for spying.

Meeting EU foreign ministers in Brussels on Monday, China's top diplomat Wang Yi lashed out at "abnormal, immoral" attacks on Huawei.

While the United States and Australia have kept Huawei out of their 5G networks, European countries have not closed the door on its services.

Italy's coalition government is divided, with the head of the anti-establishment Five Star Movement keen to have Huawei testing 5G in some cities while the far-right deputy prime minister has been more cautious, warning against any threat to the country's security.

In France, where Xi will meet Macron, two telecom operators are using Huawei equipment for their 4G networks and are testing 5G gear with the Chinese firm.

The French government has warned on the risk of using Huawei equipment, but it has not taken any decisive steps against it so far.

- 'Raking the Mediterranean' -

Monaco -- the second stop in Xi's tour -- has already signed a deal with Huawei to support the tiny country's "5G Nation" project, according to a statement by Monaco Telecom.

Xi will hold talks with Prince Albert II during a visit to the independent city-state known for its upscale casinos and prestigious Grand Prix motor race.

The unusual destination is part of China's "doctrine of raking wide the Mediterranean Sea and the Black Sea" for opportunities, said Francois Godement, Asia advisor at the Institut Montaigne in Paris.

Monaco is a tourist attraction and a financial stronghold, he said, adding that China likes to "cultivate bilateral relations even with the tiniest (nations)."

burs-prw/lth/fa


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
China's Xi to visit Italy, France as Rome joins 'new Silk Road'
Beijing (AFP) March 18, 2019
Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said Monday, with Rome expected to join his global trade infrastructure programme despite reservations in other European countries. Beijing has financed infrastructure, maritime, rail and road projects in Asia, Africa and Europe, but critics warn that it mainly benefits Chinese firms while setting up a "debt trap" in more financially vulnerable countries. Xi will pay state visits from Thursday to ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Environment damage behind 1 in 4 global deaths, disease: UN

When green 'fixes' actually increase the carbon footprint

US slams rights record of China and Iran, goes easier on N. Korea

Hot or cold, rural residents more vulnerable to extreme temperatures

TRADE WARS
Materials could delay frost up to 300 times longer than existing anti-icing coatings

Ultrathin and ultrafast: Scientists pioneer new technique for two-dimensional material analysis

Spontaneous spin polarization demonstrated in a two-dimensional material

Researchers turn liquid metal into a plasma

TRADE WARS
The Atlantic Ocean is rising and 11-year-old Levi is worried

Taiwan leader to visit Pacific allies to firm up ties

How marine snow cools the planet

Southern Ocean acidification puts marine organisms at risk

TRADE WARS
What triggered the 100,000-year Ice Age cycle?

Slovakia's ice church draws visitors closer to heavens

Atmospheric scientists reveal the effect of sea-ice loss on Arctic warming

New satellite keeps close watch on Antarctic ice loss

TRADE WARS
Houston, we're here to help the farmers

'Meatless Mondays' on horizon for New York City schools

Pesticides affect bumblebee genes; scientists call for stricter regulations

Duque asks court to allow banned weedkiller on cocaine

TRADE WARS
Mozambique cancels domestic flights as storm nears

Floods in southern Africa kill 115

New earthquaking-sensing method could give earlier warnings

Floods kill 10 in Mozambique: UN

TRADE WARS
Boost Africa investment to win climate fight: World Bank head

At least six Mali troops killed by landmines: army

Macron visits E.Africa in effort to counter China expansion

Sudan, Ethiopia to deploy joint forces to secure border

TRADE WARS
From stone chips to microchips: How tiny tools may have made us human

Fossil teeth in Kenya help fill monkey evolution record gap

Chimps' cultural diversity threatened by humans, study says

The mind distracted: technology's battle for our attention









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.