China’s Xi warns West against economic ‘decoupling’
The Chinese president praised his Belt and Road Initiative at its 10-year anniversary forum, saying it is the ‘right path forward’. Chinese President Xi Jinping has warned Western states against “decoupling” from his country’s economy, insisting amid declining foreign investment that China’s development should be viewed as not a threat but an asset. “We stand against unilateral sanctions, economic coercion, decoupling, and supply chain disruption,” Xi said, hitting back at perceived Western efforts to hamper China’s growth. Leaders and representatives of over 130 countries are attending the forum, which celebrates the 10-year anniversary of Xi’s ambitious scheme, which he has called the “project of the century.” Prominent guests include Russian President Vladimir Putin, Indonesian President Joko Widodo, Serbian President Aleksandar Vucic, Egyptian Prime Minister Mostafa Madbouly, and Pakistani Prime Minister Anwaar-ul-Haq Kakar. ‘Right path forward’ Going forward, Xi said the Belt and Road Initiative would move towards addressing issues of artificial intelligence and climate change, including through intensified cooperation in “green infrastructure, energy, and transportation”.
As China's Belt and Road project turns 10, it's about more than just development
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