China’s Xi begins Malaysia visit in shadow of Trump tariffs

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China’s Xi begins Malaysia visit in shadow of Trump tariffs

businesstimes04-15

[KUALA LUMPUR] Chinese President Xi Jinping arrived in Malaysia on Tuesday (Apr 15) for a highly anticipated state visit that comes as Beijing fights an escalating trade war with the US. Xi embarked ...

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neo26000
·04-16
So Xi is out here actually flying to Southeast Asia, shaking hands, making deals—like some kind of serious leader. Meanwhile, Trump’s just lounging in the U.S., expecting world leaders to grovel at his feet and beg for trade. Because nothing says “strong economic partner” like demanding everyone come to your house. Yeah… super tough choice. Work with the guy building bridges? Or the one building ego towers?
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href=https://www.businesstimes.com.sg/international/asean/chinas-xi-begins-malaysia-visit-shadow-trump-tariffs><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[KUALA LUMPUR] Chinese President Xi Jinping arrived in Malaysia on Tuesday (Apr 15) for a highly anticipated state visit that comes as Beijing fights an escalating trade war with the US.\rXi embarked ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/international/asean/chinas-xi-begins-malaysia-visit-shadow-trump-tariffs\">Source 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the international order... and promote fairer and more equitable global governance,” he wrote.\rChina and Malaysia celebrated their 50th anniversary of diplomatic relations last year and enjoy robust trade ties, though Malaysia has partial claims to parts of the South China Sea, where Beijing has staked out near-blanket sovereignty.\rChina has remained Malaysia’s largest trading partner for 16 consecutive years, with total trade between the two countries accounting for 16.8 per cent of Malaysia’s global trade last year, according to the Malaysian foreign ministry.\rXi’s arrival came hot on the heels of his visit to Vietnam.\rThe two nations said, “they will jointly oppose hegemony and power politics (and) jointly oppose unilateralism in all forms”, in a joint statement published Tuesday in Vietnamese state media after Xi’s visit.\rThe two sides also agreed to “maintain an open, transparent, inclusive, and non-discriminatory multilateral trade regime with the World Trade Organization 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Because nothing says “strong economic partner” like demanding everyone come to your house. Yeah… super tough choice. Work with the guy building bridges? Or the one building ego towers?","listText":"So Xi is out here actually flying to Southeast Asia, shaking hands, making deals—like some kind of serious leader. Meanwhile, Trump’s just lounging in the U.S., expecting world leaders to grovel at his feet and beg for trade. Because nothing says “strong economic partner” like demanding everyone come to your house. Yeah… super tough choice. Work with the guy building bridges? Or the one building ego towers?","text":"So Xi is out here actually flying to Southeast Asia, shaking hands, making deals—like some kind of serious leader. Meanwhile, Trump’s just lounging in the U.S., expecting world leaders to grovel at his feet and beg for trade. Because nothing says “strong economic partner” like demanding everyone come to your house. Yeah… super tough choice. Work with the guy building bridges? 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escalating trade war with the US.\rXi embarked ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/international/asean/chinas-xi-begins-malaysia-visit-shadow-trump-tariffs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WTO":"联代科技","BK4145":"电子制造服务"},"source_url":"https://www.businesstimes.com.sg/international/asean/chinas-xi-begins-malaysia-visit-shadow-trump-tariffs","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2527467214","content_text":"[KUALA LUMPUR] Chinese President Xi Jinping arrived in Malaysia on Tuesday (Apr 15) for a highly anticipated state visit that comes as Beijing fights an escalating trade war with the US.\rXi embarked this week on a South-east Asia tour that has already taken him to Vietnam and will also include Cambodia, with Beijing trying to position itself as a stable alternative to US President Donald Trump’s punitive tariff regime.\rThe Chinese leader touched down at the airport in Kuala Lumpur on Tuesday, where he was greeted by Prime Minister Anwar Ibrahim, footage from Chinese state broadcaster CGTN showed.Xi said he was “looking forward to... further deepening the traditional friendship” between China and Malaysia, CCTV, another Chinese state broadcaster, reported.\rHe said he would “have an in-depth exchange of views” in meetings with Anwar and king Sultan Ibrahim, according to CCTV.\r“With the joint efforts of both sides, this visit will surely achieve fruitful results,” the broadcaster reported him as saying.\rFriday, 8.30 amBusiness insights centering on South-east Asia's fast-growing economies.Xi was scheduled to attend a state banquet at the Malaysian monarch’s palace on Wednesday morning before holding talks with Anwar in the administrative capital Putrajaya.He and Anwar will witness the signing of a range of bilateral agreements, according to the Malaysian foreign ministry.\r“China will work with Malaysia... to combat the undercurrents of geopolitical and camp-based confrontation, as well as the countercurrents of unilateralism and protectionism,” Xi wrote in an article for Malaysia’s The Star newspaper on Tuesday.\r“We must uphold the UN-centreed international system and the international order... and promote fairer and more equitable global governance,” he wrote.\rChina and Malaysia celebrated their 50th anniversary of diplomatic relations last year and enjoy robust trade ties, though Malaysia has partial claims to parts of the South China Sea, where Beijing has staked out near-blanket sovereignty.\rChina has remained Malaysia’s largest trading partner for 16 consecutive years, with total trade between the two countries accounting for 16.8 per cent of Malaysia’s global trade last year, according to the Malaysian foreign ministry.\rXi’s arrival came hot on the heels of his visit to Vietnam.\rThe two nations said, “they will jointly oppose hegemony and power politics (and) jointly oppose unilateralism in all forms”, in a joint statement published Tuesday in Vietnamese state media after Xi’s visit.\rThe two sides also agreed to “maintain an open, transparent, inclusive, and non-discriminatory multilateral trade regime with the World Trade Organization (WTO) as the core ... and promote economic globalization”.\rThe joint statement did not mention the US or Trump by name, though China has been locked in a tit-for-tat trade war with Washington.\rSince Trump’s last salvo of tariffs, the US has been levying duties of up to 145 per cent on imports from China.\rBeijing has called the taxes a “joke” and imposed retaliatory tolls of 125 per cent on American goods.\rTrump later said Xi’s “lovely meeting” with Vietnamese counterparts aimed to “figure out, how do we screw the US of America”.\rChina and Vietnam signed 45 cooperation agreements on Monday including on supply chains, artificial intelligence, joint maritime patrols and railway development.\rXi said at a meeting with Vietnam’s top leader To Lam that their countries were “standing at the turning point of history... and should move forward with joined hands”.\rLam said after the talks that the two leaders “reached many important and comprehensive common perceptions”, according to the Vietnam News Agency. 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