The Fort Worth Press - Defiant Xi re-emerges on global stage, prepares for US competition

USD -
AED 3.672504
AFN 65.000368
ALL 81.431326
AMD 361.239406
ANG 1.789785
AOA 918.000367
ARS 1544.046724
AUD 1.452222
AWG 1.8
AZN 1.70397
BAM 1.754002
BBD 2.018116
BDT 124.801578
BGN 1.747831
BHD 0.378548
BIF 2997.982153
BMD 1
BND 1.283978
BOB 12.019192
BRL 5.504904
BSD 1.002018
BTN 94.051388
BWP 13.802968
BYN 3.000673
BYR 19600
BZD 2.015246
CAD 1.41125
CDF 2320.000362
CHF 0.819824
CLF 0.024951
CLP 981.982871
CNY 6.676504
CNH 6.670804
COP 3236.357114
CRC 454.419084
CUC 1
CUP 24.048249
CVE 98.887942
CZK 21.83445
DJF 178.43146
DKK 6.708504
DOP 60.885162
DZD 136.261154
EGP 53.769786
ERN 15
ETB 164.454778
EUR 0.896804
FJD 2.265604
FKP 0.748808
GBP 0.748083
GEL 2.59504
GGP 0.748808
GHS 11.707995
GIP 0.748808
GMD 74.503851
GNF 8874.938344
GTQ 7.657056
GYD 210.062329
HKD 7.84204
HNL 26.930631
HRK 6.76901
HTG 131.321465
HUF 326.000354
IDR 18108.5
ILS 3.18593
IMP 0.748808
INR 93.910504
IQD 1519.035021
IRR 1891353.000352
ISK 122.790386
JEP 0.748808
JMD 159.024259
JOD 0.70904
JPY 158.47504
KES 130.209408
KGS 87.447804
KHR 4082.328147
KMF 442.00035
KPW 899.999961
KRW 1363.803789
KWD 0.31098
KYD 0.83512
KZT 449.127842
LAK 22542.486884
LBP 89728.711717
LKR 333.213757
LRD 170.342137
LSL 16.570826
LTL 2.95274
LVL 0.60489
LYD 6.412269
MAD 9.794718
MDL 17.910408
MGA 4553.159051
MKD 55.203803
MMK 2099.945107
MNT 3601.130253
MOP 8.088606
MRU 40.453791
MUR 47.030378
MVR 15.403739
MWK 1737.500561
MXN 18.62354
MYR 4.061504
MZN 63.903729
NAD 16.570826
NGN 1347.210377
NIO 36.87727
NOK 9.459904
NPR 150.482041
NZD 1.807175
OMR 0.384144
PAB 1.002108
PEN 3.451773
PGK 4.566611
PHP 63.108038
PKR 277.126855
PLN 3.94555
PYG 6263.39626
QAR 3.662795
RON 4.792204
RSD 105.484059
RUB 81.925564
RWF 1478.947132
SAR 3.756342
SBD 8.048583
SCR 13.773553
SDG 601.503676
SEK 9.894504
SGD 1.282704
SHP 0.748923
SLE 22.950371
SLL 20969.504398
SOS 572.620062
SRD 37.583504
STD 20697.981008
STN 21.972109
SVC 8.76732
SYP 13001.999685
SZL 16.565176
THB 33.550369
TJS 9.243442
TMT 3.5
TND 2.998341
TOP 2.40776
TRY 50.141304
TTD 6.795211
TWD 32.775304
TZS 2647.773642
UAH 45.39348
UGX 4098.470921
UYU 40.312094
UZS 11956.414511
VES 896.316404
VND 25582.5
VUV 118.73125
WST 2.787825
XAF 588.264929
XAG 0.019249
XAU 0.00024594347
XCD 2.70255
XCG 1.805838
XDR 0.707052
XOF 588.264929
XPF 106.954845
YER 236.625037
ZAR 16.51943
ZMK 9001.203584
ZMW 20.360522
ZWL 321.999592
SSP 5745.232324
MXV 2.095222
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Defiant Xi re-emerges on global stage, prepares for US competition
Defiant Xi re-emerges on global stage, prepares for US competition / Photo: © AFP/File

Defiant Xi re-emerges on global stage, prepares for US competition

Fresh from securing a historic third term as China's top leader, President Xi Jinping is poised for a triumphant re-entry to the world stage at a pivotal G20 summit next week.

Text size:

After almost three years of self-imposed pandemic isolation where international diplomacy was largely conducted via videolink, China now aims to shore up its global alliances -- especially with developing countries -- in the face of increased competition with the United States and a world environment destabilised by the Ukraine war.

A flurry of state visits to China in the past week have highlighted the importance of maintaining trade and other diplomatic ties -- even as China acts more assertively to defend its interests.

German Chancellor Olaf Scholz defied fierce domestic criticism to visit Beijing on Friday with a business delegation in tow, vowing to deepen trade cooperation with China alongside raising contentious issues such as the Ukraine war.

His visit caps off a string of trips by the leaders of Pakistan, Tanzania and the Vietnamese Communist Party -- the most numerous face-to-face meetings Xi has conducted since hosting more than a dozen world leaders at February's Beijing Olympics.

France's foreign minister last week said President Macron is likely to visit China in the coming months.

- 'Exuding confidence' -

At next week's G20 summit in Bali, Xi will join world leaders including US President Joe Biden, top European Union official Ursula von der Leyen, and the prime ministers of Australia, India, Japan and Britain, among others.

Russian President Vladimir Putin will not be at the conference, where his country's invasion of Ukraine in February will be one of the main talking points.

Xi's attendance has not yet been confirmed by the Chinese foreign ministry, which normally announces his travel plans shortly before they happen, but he is widely expected to be present.

"I expect Xi Jinping to arrive at the G20 exuding confidence from the refreshed mandate he has just received from the Communist Party of China," said Drew Thompson, visiting senior fellow at the National University of Singapore.

Biden on Wednesday appeared to confirm a meeting with Xi on the G20 sidelines, saying that he would gauge Xi's "red lines" to reduce the potential for conflict after soaring tensions on Taiwan.

Experts are not expecting any breakthroughs on resolving long-term differences, however.

"The political differences between the US and China are deep-seated... A meeting on the margins of a multilateral meeting (is) not the venue to resolve such strategic differences," said Thompson.

"There is certainly benefit to the engagement, such as better understanding what each side expects from the other, which can hopefully reduce misunderstanding and prevent miscalculation."

Foreign Minister Wang Yi held his first in-person meeting with US ambassador to China Nicholas Burns last month, after having snubbed him since his arrival in March.

Since November, Wang has also held phone calls with his Australian, Singaporean and French counterparts, suggesting Xi could be holding more high-level bilateral meetings at the G20.

- Rising US tensions -

The US-China relationship further deteriorated this year over Taiwan, a UN human rights report on Xinjiang and US semiconductor export restrictions that aim to curb China's fledgling chip industry.

At last month's Communist Party congress, Xi warned of a challenging geopolitical climate without mentioning the US by name, as he wove a narrative of China's "inevitable" triumph over adversity in a key speech.

"This vision calls for decoupling economic modernity from Western political and social norms and underlying cultural beliefs," wrote former Australian prime minister Kevin Rudd in Foreign Affairs magazine.

"It offers a new international order anchored in Chinese rather than US geopolitical power."

Beijing is also not losing sight of its regional backyard, having sent Premier Li Keqiang on a "swan song" visit to Cambodia this week for multiple ASEAN forums.

Xi is also expected to attend the APEC summit in Bangkok shortly after the G20, the Thai foreign minister said last week. Japanese media have also reported a likely meeting between Xi and Japanese Prime Minister Fumio Kishida either at the G20 or APEC.

His packed itinerary will not stop there.

The Wall Street Journal reported that Xi is likely to make a state visit to Saudi Arabia to shore up oil-dependent economic ties, with energy security a pressing focus during the Ukraine war.

W.Matthews--TFWP