Latest news with #unilateralism
Jordan Times
25-05-2025
- Business
- Jordan Times
Indonesia, China agree to bolster ties ahead of ASEAN summit
Indonesia's President Prabowo Subianto (L) and Chinese Premier Li Qiang inspect a guard of honour during a welcoming ceremony at the Presidential Palace in Jakarta on May 25, 2025 (AFP photo) JAKARTA — Chinese Premier Li Qiang warned on Sunday that the rise of "unilateralism and protectionism" could threaten the global economic and trade order, as he reaffirmed Beijing's ties with Jakarta on Sunday during his visit to Indonesia ahead of a regional summit in Kuala Lumpur. "Unilateralism and protectionism are on the rise globally, posing a serious threat to international economic and trade order," Li told Indonesian President Prabowo Subianto on Sunday, according to Xinhua state news agency."In the face of these risks, unity and cooperation are the only viable path forward."Beijing and Jakarta are key economic allies, with Chinese companies pouring capital into extracting Indonesian natural resources in recent years, particularly in the nickel the two countries' disputed claims into the strategic waterways of the South China Sea and its nearby territories have weighed on their relationship in recent said Beijing was keen to further advance cooperation with Southeast Asia's largest economy."China is ready to work with Indonesia and other developing countries to... uphold multilateralism and free trade, and advance a multipolar world and inclusive globalisation," Li also lauded Indonesia's "close and good" friendship with China."Indonesia is ready to create a safe and prosperous region. Indonesia is ready to strengthen cooperation with China for us to create a peaceful region, which is safe for all," the Indonesian leader and Li oversaw the signings of several agreements, pledging closer cooperation in areas including economic development and presidential palace later announced that eight other agreements were signed in sectors covering tourism, health, investment and Chinese premier is headed next to Malaysia for an ASEAN summit between members of the 10-country bloc, China and oil-producing had visited Beijing last year, during which Chinese President Xi Jinping told him that he hoped for a "new chapter" in bilateral two countries have in the past sparred verbally over disputed claims in the South China Sea -- which China claims almost has for years sought to expand its presence in the contested waters, brushing aside an international ruling that its claim has no legal vessels have occasionally entered Indonesia-claimed areas of the North Natuna Sea at the southern edge of the South China Sea, drawing protests from Jakarta. In October, Indonesia said it drove Chinese coast guard ships from contested waters in the South China Sea on three separate occasions.
Yahoo
25-05-2025
- Business
- Yahoo
Indonesia, China agree to bolster ties ahead of ASEAN summit
Chinese Premier Li Qiang warned on Sunday that the rise of "unilateralism and protectionism" could threaten the global economic and trade order, as he reaffirmed Beijing's ties with Jakarta on Sunday during his visit to Indonesia ahead of a regional summit in Kuala Lumpur. "Unilateralism and protectionism are on the rise globally, posing a serious threat to international economic and trade order," Li told Indonesian President Prabowo Subianto on Sunday, according to Xinhua state news agency. "In the face of these risks, unity and cooperation are the only viable path forward." Beijing and Jakarta are key economic allies, with Chinese companies pouring capital into extracting Indonesian natural resources in recent years, particularly in the nickel sector. But the two countries' disputed claims into the strategic waterways of the South China Sea and its nearby territories have weighed on their relationship in recent years. Li said Beijing was keen to further advance cooperation with Southeast Asia's largest economy. "China is ready to work with Indonesia and other developing countries to... uphold multilateralism and free trade, and advance a multipolar world and inclusive globalisation," Li said. Prabowo also lauded Indonesia's "close and good" friendship with China. "Indonesia is ready to create a safe and prosperous region. Indonesia is ready to strengthen cooperation with China for us to create a peaceful region, which is safe for all," the Indonesian leader said. Prabowo and Li oversaw the signings of several agreements, pledging closer cooperation in areas including economic development and finance. The presidential palace later announced that eight other agreements were signed in sectors covering tourism, health, investment and media. The Chinese premier is headed next to Malaysia for an ASEAN summit between members of the 10-country bloc, China and oil-producing countries. Prabowo had visited Beijing last year, during which Chinese President Xi Jinping told him that he hoped for a "new chapter" in bilateral relations. The two countries have in the past sparred verbally over disputed claims in the South China Sea -- which China claims almost entirely. Beijing has for years sought to expand its presence in the contested waters, brushing aside an international ruling that its claim has no legal basis. Chinese vessels have occasionally entered Indonesia-claimed areas of the North Natuna Sea at the southern edge of the South China Sea, drawing protests from Jakarta. In October, Indonesia said it drove Chinese coast guard ships from contested waters in the South China Sea on three separate occasions. bur-mrc/dhw
Yahoo
25-05-2025
- Business
- Yahoo
Indonesia, China agree to bolster ties ahead of ASEAN summit
Chinese Premier Li Qiang warned on Sunday that the rise of "unilateralism and protectionism" could threaten the global economic and trade order, as he reaffirmed Beijing's ties with Jakarta on Sunday during his visit to Indonesia ahead of a regional summit in Kuala Lumpur. "Unilateralism and protectionism are on the rise globally, posing a serious threat to international economic and trade order," Li told Indonesian President Prabowo Subianto on Sunday, according to Xinhua state news agency. "In the face of these risks, unity and cooperation are the only viable path forward." Beijing and Jakarta are key economic allies, with Chinese companies pouring capital into extracting Indonesian natural resources in recent years, particularly in the nickel sector. But the two countries' disputed claims into the strategic waterways of the South China Sea and its nearby territories have weighed on their relationship in recent years. Li said Beijing was keen to further advance cooperation with Southeast Asia's largest economy. "China is ready to work with Indonesia and other developing countries to... uphold multilateralism and free trade, and advance a multipolar world and inclusive globalisation," Li said. Prabowo also lauded Indonesia's "close and good" friendship with China. "Indonesia is ready to create a safe and prosperous region. Indonesia is ready to strengthen cooperation with China for us to create a peaceful region, which is safe for all," the Indonesian leader said. Prabowo and Li oversaw the signings of several agreements, pledging closer cooperation in areas including economic development and finance. The presidential palace later announced that eight other agreements were signed in sectors covering tourism, health, investment and media. The Chinese premier is headed next to Malaysia for an ASEAN summit between members of the 10-country bloc, China and oil-producing countries. Prabowo had visited Beijing last year, during which Chinese President Xi Jinping told him that he hoped for a "new chapter" in bilateral relations. The two countries have in the past sparred verbally over disputed claims in the South China Sea -- which China claims almost entirely. Beijing has for years sought to expand its presence in the contested waters, brushing aside an international ruling that its claim has no legal basis. Chinese vessels have occasionally entered Indonesia-claimed areas of the North Natuna Sea at the southern edge of the South China Sea, drawing protests from Jakarta. In October, Indonesia said it drove Chinese coast guard ships from contested waters in the South China Sea on three separate occasions. bur-mrc/dhw
Reuters
19-05-2025
- Business
- Reuters
China urges Germany not to undermine cooperation in name of 'de-risking'
BEIJING, May 19 (Reuters) - China and Germany should prevent undermining their normal bilateral cooperation in the name of "de-risking", Chinese Foreign Minister Wang Yi told German Foreign Minister Johann Wadephul in a phone call on Monday. The two countries should jointly oppose unilateralism and protectionism, a Chinese foreign ministry statement quoted Wang as saying in the call. European nations have moved to reduce their dependence on trade with China, which they have labelled as "de-risking". Wang also called on the European Union to work together to resolve their disputes over the bloc's tariffs on Chinese electric vehicles as soon as possible.
South China Morning Post
17-05-2025
- Business
- South China Morning Post
Hong Kong facing ‘challenges' of rising unilateralism, Beijing official warns
The rise of unilateralism and protectionism poses 'a certain amount of challenges' to Hong Kong's development, Beijing's top envoy in the city has said, while urging youngsters to embrace patriotism. Cui Jianchun, the commissioner of the Chinese foreign ministry's office in Hong Kong, said on Saturday that some 'large countries' were obsessed with putting themselves first, imposing unilateral sanctions and threatening the use of tariffs. 'Hong Kong is currently in a new stage of going from stability to prosperity, where there are infinite opportunities. At the same time, the world is facing major changes not seen in a century,' he said at the Hong Kong Cup Diplomatic Knowledge Contest. 'Unilateralism and protectionism are on the rise, which brings a certain amount of challenges to Hong Kong's development.' Cui urged the city's youth to 'take up responsibility for their home soil' amid the 'current situation'. 'They should also have a sense of home and country so they can find their way among the changes happening in the world,' he said. Hong Kong has been caught in the crossfire of US-China tensions, with the city feeling the effects of many of the measures imposed by US President Donald Trump in his tariff war with Beijing.
