DUBLIN – Europe is becoming a new horizon for China’s business-based diplomacy, less than a year after the European Union overtook the US to become China’s second-largest trading partner. Chinese investment expansion is increasingly turning to Europe, and it is finding a grateful audience. Last September, before the arrival of the International Monetary Fund and an €85 billion bailout offer-you-can’t-refuse for the economy once known as the Celtic Tiger, Ireland Prime Minister Brian Cowen tried to sell Chinese investors on the proposition that the country could be a low-tax Anglophone gateway to Europe. After meeting with a Politburo delegation in Dublin, Cowen said that China’s representatives had vowed to be “as helpful as they can to a friend like Ireland in the difficult times that we have.” That friendship appears to include a consortium of Chinese investors who are starting work on “an investment gateway to Europe” – an industrial park in central Ireland.
Tag: Wen Jiabao
Chinese walls in Hong Kong – ISN
ASEAN sups with Chinese devil – Asia Times
HANOI – China’s rise has altered the dynamics within the Association of Southeast Asian Nations (ASEAN) and across Asia, as was on display at recently concluded summits meetings in Hanoi. Chinese naval expansion and increasingly assertive claims to disputed maritime areas in the East and South China Seas has prompted Japan, South Korea, Vietnam and others to reaffirm their enthusiasm for America’s security umbrella after some ambivalence in recent years. Japan and India, China’s main Asian rivals, are increasingly looking to each other, and to Southeast Asia, as a hedge against China’s rise, which has taken a hard turn in recent months. Prime Ministers Naoto Kan and Manmohan Singh met after the Hanoi summits, which were overshadowed by the mud-slinging coming from the Chinese and Japanese delegations. “Prime Minister Kan was keen to understand how India engages China,” India’s foreign secretary, Nirupama Rao said after that meeting. As well as increasing ties with Japan, India’s slow-to-action ‘Look East’ policy, which has brought the self-proclaimed world’s largest democracy into disrepute over its feting of the Myanmar junta, is likely to be enhanced in coming years, as highlighted in the statement issued after the India-ASEAN summit.
Cool winds at Hanoi summit – Asia Times
HANOI – Great power rivalries, including US-China chest-thumping on a wide range of political, economic and security issues, look set to dominate this weekend’s Asian summits set inside the bleak, socialist-cliché trappings of Hanoi’s imposing National Convention Center. The immediate focus of the 17th Association of Southeast Asian Nations (ASEAN) Summit, with regional leaders in attendance, will be Myanmar’s first elections in two decades scheduled for November 7. As ever, the military-ruled country has added an edginess to the typically anodyne proceedings, where attention to the ephemera sometimes borders on the absurd. Two days after Robert Kelley, a former International Atomic Energy Agency official, called on ASEAN to take the lead in addressing an alleged nuclear weapons program in Myanmar, one of the three official summit press statements released by ASEAN at time of writing was devoted to the issuing a commemorative stamp by host country Vietnam.