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Myanmar president arrives in China
Beijing (AFP) May 26, 2011 Myanmar's president Thein Sein arrived in China on Thursday for a visit aimed at improving his impoverished country's commercial ties with its key ally, the world's second-largest economy. It was Thein Sein's first bilateral trip to a foreign country since taking the helm of Myanmar's new nominally civilian government in late March. The president -- accompanied by about a dozen government ministers and military leaders -- was due to meet with President Hu Jintao and Premier Wen Jiabao on Friday, Chinese officials said. Chinese foreign ministry spokeswoman Jiang Yu said the two sides would sign an "economic and technological cooperation agreement" during the three-day state visit. "We hope this visit will give a boost to China-Myanmar good neighbourly friendship and cooperation, advance the bilateral relationship and advance practical cooperation across the board," she said. Two-way trade last year totalled $4.4 billion, according to Chinese government data -- a 53 percent increase over the previous year. China is Myanmar's second-largest trading partner and biggest foreign investor. Energy-hungry China is an eager investor in the isolated state's sizeable natural resources. Beijing is also Myanmar's leading ally on the international stage and a key arms supplier. China's ambassador to Myanmar, Li Junhua, told the official Xinhua news agency that Thein Sein's government was ready for greater engagement with the outside world. "We have seen a new phenomenon economically, that (is) inducing more foreign investment, expanding foreign trade and strengthening private enterprises," Li said. Last week, a Myanmar government official told AFP: "The president wanted to visit China first because it is important both for diplomatic and economic ties." In March, Myanmar's junta made way for a nominally civilian government after almost half a century in power and Than Shwe, the general who ruled the country with an iron fist for 19 years, retired as head of the military. Thein Sein, a former general and junta prime minister, retired from the army to contest an election last November that was marred by claims of cheating and the exclusion of democracy champion Aung San Suu Kyi. His first foray into foreign diplomacy was a visit to the Association of Southeast Asian Nations (ASEAN) summit in Indonesia earlier this month.
earlier related report India and South Africa -- which with Brazil, China and Russia are members of the so-called BRICS bloc of emerging economies -- joined calls for reform of the process of choosing a managing director for the global emergency lender. In a statement, China's foreign ministry said it had "noted" the nomination of candidates for the post of IMF managing director after the resignation of Dominique Strauss-Kahn, who is facing sexual assault charges that he denies. The statement faxed to AFP did not directly address the candidacy of French finance minister Christine Lagarde, who officially launched her bid Wednesday. A French government spokesman said Tuesday that Beijing would back her. The Chinese foreign ministry reiterated that the decision should be based on "openness, transparency and merit, and better represent emerging markets and better reflect changes in the world economic structure". "China has noted that relevant countries have nominated some candidates for the position of IMF managing director," the ministry said. "China hopes that all parties would come to a decision through democratic consultation based on the above-mentioned principle." On Tuesday, France's chief government spokesman Francois Baroin said China was "favourable to the candidacy of Christine Lagarde", without offering any evidence to back up his statement. China's backing would give a significant boost to Lagarde's bid, which has been opposed by some emerging nations in protest at the tradition of a European always heading the Washington-based IMF. IMF directors from Brazil, Russia, India, China and South Africa on Tuesday slammed Europe's push to lock up the IMF's top job, calling its stranglehold "obsolete". Lagarde told the Wall Street Journal in an interview on Thursday that she was prepared to visit China, as early as Sunday, to drum up support for her bid. "China, Brazil and India are an absolute necessity," Lagarde told the newspaper in an interview. Sources close to Lagarde told AFP that she could travel to Brazil and China "in the coming days", but that her travel plans had not yet been finalised. Such a trip would allow Lagarde "to make herself better known, to explain her candidacy and lobby," the sources said. The IMF has said it would like to make a choice by the end of June, based on consensus among the 24 executive board directors, or possibly by a vote. By a convention dating back to its 1945 founding, the IMF has a European head while an American takes the top job at its sister body, the World Bank. But developing countries have said the arrangement is outdated. The BRICS nations have yet to put forth a common candidate, and China has not suggested a candidate of its own. South Africa on Thursday insisted that the next IMF chief come from the developing world, but a government spokesman acknowledged that the country's cabinet had not discussed the name of potential candidates. "There's a lot of consultation that must happen with the various partners that South Africa is dealing with. Those consultations are happening," the spokesman, Jimmy Manyi, told reporters. India's finance minister Pranab Mukherjee said he was coordinating with other emerging countries to back a common candidate. "We are trying to consolidate our position," Mukherjee said.
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