Tuesday, April 20, 2021

Xi Jinping's Boao speech rarely raises two major concerns

Reporter : Luo Tingting / Editor: Wen Hui / https://www.ntdtv.com/gb/2021/04/20/a103100049.html / Direct translation


Xi Jinping delivered a speech at the Boao Forum via video today (20th). He rarely mentioned the two major worries of "wall building" and "decoupling", and hinted that the United States cannot give the whole world " With rhythm". Not long ago, Premier Li Keqiang of the Chinese Communist Party also urged Washington not to delink from the Chinese Communist Party. Some analysts believe that the decoupling of the United States and China is an issue currently unanimously worried by the highest level of the Chinese Communist Party.

Xi Jinping complains that the U.S. is "rhythmic"

The 2021 Boao Forum for Asia Annual Conference will be held in Hainan from April 18th to 21st. On April 20, Xi Jinping attended the opening ceremony of the forum's annual meeting via video and delivered a keynote speech.

In his speech, Xi Jinping rarely mentioned that in the era of economic globalization, artificially "building walls" and "decoupling" hurt others and disadvantages themselves.

He said that the future and destiny of the world should be in the hands of all countries. The rules set by one or several countries should not be imposed on others, and individual countries should not "bring the rhythm" to the whole world. Great countries should look like big countries and show more. Responsibility.

The outside world believes that the "individual countries" and "big powers" mentioned by Xi obviously refer to the United States. On April 5, before the heads of the United States and Japan met at the White House, the Chinese Foreign Minister Wang Yi actively invited the Japanese Foreign Minister to make a call and threatened the Japanese government not to be "paced" by the United States.

On April 16, U.S. President Biden and Japanese Prime Minister Yoshihide Suga issued a joint statement after their talks. The two countries will jointly respond to the threats and challenges posed by the CCP in the Indo-Pacific region, and reiterated that the United States and Japan will join forces to defend Taiwan.

And what Xi Jinping referred to as "imposing by one or several countries" should imply that the United States has joined the United Kingdom, the European Union, and Canada to sanction the CCP on the human rights issue in Xinjiang. The CCP was very annoyed by this and retaliated against politicians from many countries, while the people from various countries who were sanctioned responded unanimously to "we don't eat the CCP."

The two major worries of Xi Jinping and Li Keqiang

It is worth noting that in his speech at the Boao Forum, Xi Jinping emphasized that “building walls” and “decoupling” violated economic laws and market rules, revealing the two major concerns of the highest levels of the CCP.

Analysts pointed out that what Xi said by "building a wall" actually means that the United States is uniting many countries around the world to contain the CCP in military, economic, and human rights, and isolate and isolate the CCP like a wall.

At the same time, the United States and China have further "decoupled" in economic, technological and other aspects. On April 12, Biden held the Chip CEO Summit at the White House. Executives from 19 technology companies around the world attended the meeting, but Chinese companies were excluded. The party media "Global Times" claimed in anger that the chip summit was led by the United States and a conspiracy to decouple from the CCP in the semiconductor field.

The outside world has noticed that it is not just Xi Jinping who is worried about the decoupling between the United States and China. Chinese Premier Li Keqiang expressed the same concern a few days ago.

On April 13, Li Keqiang attended an online conference of American business leaders. Participants included the US-China Business Council and the chairman and CEO of more than 20 well-known American multinational companies.

Li Keqiang begged them not to decouple from the CCP’s economy, saying that “decoupling” would be of no benefit to anyone, and promised that the CCP would “open the door to the outside world only wider.”

On the same day, Cong Peiwu, the CCP's envoy to Canada, also stated at the Montreal Foreign Relations Committee that he was "concerned" about the increasing calls from the West to delink from the CCP, and proposed that the CCP should "strengthen cooperation" with Canada.

The National Development and Reform Commission, which is affiliated to the State Council of the Communist Party of China, also rarely holds roundtable meetings with senior US companies in China, and has stated that it will "unswervingly expand opening up." The invitees include top executives from American companies such as Tesla, Qualcomm, and Dell.

In this regard, Bloomberg said that this is a rare act because the National Development and Reform Commission of the Communist Party of China has never had a similar dialogue with US companies before.

In fact, Li Keqiang, who is well aware of China's economic trump card, has already urged the United States to "don't delink" more than once. China expert Zhang Jiadun once analyzed that if only decoupling can end the CCP’s theft of US intellectual property rights, it is possible for the United States to choose to decouple. Li Keqiang is obviously worried that the United States and China will eventually decouple.

If the U.S. and China decouple, the U.S. holds six trump cards

Li Keqiang’s worries were not groundless. On February 17, US Senator Tom Cotton issued a report entitled "Breaking China (CCP): Targeted Economic Decoupling and Long-Term Economic Warfare" (Beat China: Targeted Decoupling and the Economic Long War) report is called "the most detailed strategy for long-term competition between the United States and China" by the American media Vox.

Cotton was the chairman of the Economic Policy Subcommittee of the previous Congress and is familiar with the most sensitive information in the US-China economic relationship. In this 84-page report, he pointed out that in the US-China economic relationship, China needs the US even more. If the US-China economy is decoupled, the US holds six trump cards.

The report analyzes that the CCP’s dependence on the United States is mainly reflected in six aspects, including: high-end research and technology, foreign investment, US stock market access, US dollar settlement system, US market and higher education.

In his speech at the Reagan Institute and introducing this report, Cotton stated that the Sino-US dispute is a "long-running twilight battle that determines the fate of the world", "We need to defeat this evil empire and throw the CCP... into history ash pile".


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