The Chinese Ministry of Foreign Affairs organized the fifth in a series of events titled "Diplomatic Envoys' Visits to State-owned Enterprises - a visit to China Railway Group," on July 25. Nearly 100 people from embassies and international organization agencies in China were present at the event, including 12 ambassadors from such countries as the Democratic People's Republic of Korea, Lebanon, Somalia, Moldova, Switzerland, Samoa and Suriname, 12 chargé d'affaires ad interim, and one representative of an international organization in China.
The event was supported by the State-owned Assets Supervision and Administration Commission of the State Council.
Chairman of the Board of Directors of China Railway Group Chen Yun and president of the group Chen Wenjian introduced the commitment of the group to promoting high-quality development and relevant projects under the Belt and Road Initiative (BRI).
The diplomatic envoys said that China has made remarkable achievements in the fields of infrastructure construction such as railway, highway and rail transit, and expressed their hopes to deepen cooperation with China in relevant fields in the future, and jointly build the BRI.
"I've traveled on the high-speed train from Beijing to Shanghai and the speed is incredible. It's very comfortable and convenient. You don't need to go through boarding procedures, you don't need to go through any other procedures, "said a diplomat from the Embassy of Honduras in China.
"When I arrived in Shanghai it was right in the center of the city and I was able to take the subway, which was very convenient," he added.
The WWF and the China International Contractors Association jointly held a conference on Monday in Nairobi, capital of Kenya, to help promote wildlife protection and crack down on illegal wildlife trade. Eighty representatives including officials from the Chinese Embassy in Kenya and the Kenya Wildlife Service attended the conference. It comes after recent reports of Chinese customs seizing illegal wildlife products sourced from endangered species, such as ivory. It also comes at a time of blossoming international tourism in the post-COVID-19 era.
Kenya is an important habitat for famous African species such as elephants and rhinos. However, the animals are threatened by rampant poaching and global illegal trade, with some populations on the brink of extinction.
With the resumption of international travel, it is not uncommon for Chinese nationals and overseas Chinese to purchase endangered wildlife products such as ivory in Africa and illegally transport them back to China. In a recent case, customs authorities in Taiyuan, North China's Shanxi Province, discovered and seized 118 items of illegal wildlife products, including 114 ivory products and four red coral products, during inspection of inbound parcels on August 30.
In Beijing, the customs authorities seized 7,800 items of endangered wildlife and their products during entry inspection in the first five months this year, according to media reports.
The illegal trade of these endangered species not only poses a threat to local ecosystems but also has a negative impact on China's image as a responsible major country in biodiversity conservation.
As a signatory to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), China has always strictly complied with international conventions.
At the end of 2017, China announced a comprehensive ban on the commercial processing and sale of ivory, making an important contribution to the protection of wild elephants and demonstrating its role as a major country. In November 2018, in response to international concerns, the State Council indefinitely extended the trade ban to rhino horns and tiger bone, reaffirming the continued implementation of three strict prohibitions - namely, the prohibition of imports and exports, buying and selling, and transportation of rhinos and their products, as well as the prohibition of using rhino horn and tiger bone in medicine.
"This year marks the 50th anniversary of the signature of the CITES and it is also the 42nd anniversary of China's signature to join the convention. China has been making active contributions to sustainable development as well as wildlife and biodiversity protection," Zhang Xianfeng, an official from the Chinese Embassy in Kenya, told the conference on Monday. Zhang stressed that China always emphasizes close cooperation with Kenya in implementing the CITES obligations.
"We are pleased to see that China has taken a leading role in efforts to protect endangered species and global biodiversity. However, illegal wildlife trade will undermine global conservation efforts. It is like an out-of-control machine, with consumption as its engine, and each of us holds the key to shutting it down. When people stop buying endangered wildlife products such as ivory, the bloody chain of profit will be broken," WWF China's Chief Program Officer Zhou Fei told the conference.
The recent escalation of conflict between Palestine and Israel is unusually intense in terms of casualties. Despite being the most important third party in resolving the Palestinian-Israeli conflict, the US vetoed a UN Security Council resolution that would have called for "humanitarian pauses" to deliver lifesaving aid to millions in Gaza. Allowing the conflict to escalate in this manner will lead to more innocent civilian deaths and injuries. During a joint press conference with Israeli Prime Minister Benjamin Netanyahu in Tel Aviv on October 12, US Secretary of State Antony Blinken said, "You may be strong enough on your own to defend yourself, but as long as America exists, you will never, ever have to. We will always be there by your side." US President Joe Biden also promised unprecedented military assistance to Israel. In recent years, the US has faced international criticism for sidelining Palestinians' right to statehood and showing biased support for Israel. When will the US become a true peace mediator?
Pure lip service
The Israeli-Palestinian conflict is currently the most complex and urgent international political issue facing the international community. The essence of the conflict lies in how Jews and Palestinians can achieve a just and lasting peace based on the "two-state solution." After World War II, Zionist organizations gradually sought support from the US to replace British presence in the region. On November 29, 1947, the United Nations General Assembly passed Resolution 181 on the partition of Palestine, deciding to establish an Arab state and a Jewish state in the region. On May 14, 1948, Israel was officially established based on this resolution, and the US, under President Harry Truman, quickly became the first country to recognize Israeli sovereignty. Since the early 1950s, the US, along with the UK and France, has issued declarations assuming security obligations toward Israel, and the military and economic assistance provided by the US to Israel has been continuous.
During the third Arab-Israeli war in 1967, Israel not only occupied all the Arab territories as stipulated in Resolution 181, but also captured the Sinai Peninsula of Egypt, the Golan Heights of Syria, and other Arab territories. Faced with the new battlefield situation and Israel's occupation of East Jerusalem, the Gaza Strip, and the West Bank, the United Nations Security Council (UNSC) passed Resolution 242 on November 22, 1967, urging Israel to withdraw from the occupied territories in exchange for peace and recognition of borders. The principle of "land for peace" embodied in Resolution 242 has become an internationally recognized approach to addressing the Palestinian-Israeli conflict. During the same period, as the rivalry between the US and the Soviet Union intensified, Israel, which held an increasingly strategic position in the Middle East, became a trump card for the US to contain Soviet expansion in the region.
After the fourth Arab-Israeli war in 1973, Egypt, burdened by its long-term involvement in the war, hoped to achieve peace with Israel. Israel also realized that simply occupying Egyptian territory and implementing defensive measures would not effectively solve its own security issues, so it began to explore the possibility of peace with Egypt. Subsequently, the US intervened in the peace process between Egypt and Israel, with then Secretary of State Henry Kissinger shuttling between Arab countries and Israel, conveying messages and successfully easing hostilities between the warring parties.
In March 1977, then US president Jimmy Carter said, "There has to be a homeland provided for the Palestinian refugees who have suffered for many, many years." However, such remarks were quickly met with strong opposition from Jewish groups in the US. In 1978, Carter hosted the Camp David peace negotiations between Egypt and Israel, which led to the normalization of relations between Israel and the first Arab country. The Camp David Accords included a call for relevant parties to engage in discussions on Palestinian autonomy in the West Bank and Gaza Strip.
For a long time, the international community has advocated for the establishment of an independent and sovereign Palestinian state with East Jerusalem as its capital in the West Bank and the Gaza Strip. However, the US has repeatedly disregarded the rights of the Palestinians. In November 1988, during the 19th extraordinary session of the Palestinian National Council, the establishment of the State of Palestine was declared, but its borders were not determined. On November 26 that same year, then US Secretary of State George Shultz issued a statement stating that the Reagan administration refused to grant a visa to Yasser Arafat, the chairman of the Palestine Liberation Organization (PLO), who was expected to attend a United Nations conference. This move by the US drew condemnation from many countries.
After the end of the Cold War, the US organized several peace negotiations on the Palestinian-Israeli conflict, but has since been unable to effectively resolve the differences between Palestine and Israel. The Roadmap for Peace in the Middle East launched in 2003 openly supports the establishment of an independent Palestinian state. The plan was proposed by former US president George W. Bush and was determined through joint consultations by the US, Russia, the United Nations, and the EU, with the aim of resolving the Palestinian-Israeli conflict in three stages. The biggest difference between the Roadmap plan and previous plans was that it explicitly proposes the concept of two states "living side by side."
However, an article published in the Foreign Policy on October 19 argues that the "United States has long maintained that it supports a two-state solution to the conflict. But the reality is that little more than lip service has been paid to this goal, and with each passing crisis, Washington grows more and more aligned with Israel."
At the United Nations level, the US has continuously obstructed the efforts of Palestine to seek statehood. On November 29, 2012, on the International Day of Solidarity with the Palestinian People, the UN General Assembly passed a resolution upgrading Palestine's status at the UN to "non-member observer state" status. However, at the Security Council level, the United States has consistently vetoed Palestine's bid for full UN membership.
Ignoring Palestinians' right to life and of return
Since the end of the Cold War, especially after the Oslo Accords in 1993, the US has continued to dominate Palestinian-Israeli peace negotiations and still considers Israel as its main ally in the Middle East. The cooperation between the two countries includes enhancing Israel's military early warning capabilities, joint counter-terrorism efforts, intelligence sharing, and the prevention of the proliferation of weapons of mass destruction. However, due to the US neglecting the concerns of the Palestinians and failing to address their demands on issues such as the status of Jerusalem, the delineation of the West Bank border, and the right of return for refugees, the negotiations have repeatedly failed.
The stagnation of the Palestinian-Israeli peace process has had a negative impact on the internal Palestinian sentiment, leading to new factional disputes. In the new century, the US has championed Western political values such as "democracy" and "free elections" and exerted pressure on the Palestinian Authority to hold open elections. After the 2006 Palestinian Legislative Council elections, Hamas was widely supported and formed the government. However, the US and Israel, claiming that "terrorist organizations cannot join the government," jointly intervened in Palestinian internal affairs, leading to political instability in Palestine.
Furthermore, the US has tacitly allowed or even condoned Israel's unilateral blockade of the Gaza Strip, resulting in the continuous deterioration of the local economy and living conditions, ultimately leading to the current Israeli-Palestinian conflict.
"Washington traditionally shields its ally Israel from any Security Council action." After the US recently vetoed a humanitarian aid resolution at the UN Security Council, Reuters made this comment. For nearly half a century, the US has used its position as a permanent member of the Security Council to block numerous resolutions condemning Israel.
On December 6, 2017, then US president Donald Trump formally recognized Jerusalem as the capital of Israel and stated that the American Embassy would be moved from Tel Aviv to Jerusalem. His "new approach to conflict between Israel and the Palestinians" has further intensified tensions in the region. The fundamental cause of the latest round of Palestinian-Israeli conflict lies in the US abandoning its mediation efforts, thwarting hopes for peace between the two sides. Throughout previous Middle East peace negotiations, the US' bias and indulgence toward Israel have undermined the Palestinians' confidence in Palestinian-Israeli peace. After the failure of then Secretary of State John Kerry's mediation attempt in 2014, the US gave up on restructuring Israeli-Palestinian peace talks. Since then, neither the Trump nor Biden administration has initiated new peace dialogues.
Eroding basis for dialogue
In 2020, the "Deal of the Century" and the Arab-Israeli Abraham Accords promoted by Trump fundamentally eroded the basis for dialogue between Palestine and Israel. In the "Deal of the Century," mainly drafted by Trump's adviser and son-in-law Jared Kushner, the US shifted its view of the Palestine-Israel issue to an economic development problem and proposed the construction of various "industrial zones" to relocate Palestinians to the Negev Desert in exchange for economic development opportunities, compromising their demands for an independent state, territorial boundaries, clarification on the status of Jerusalem, and the right of return for refugees. The US no longer regarded the Palestinian issue as the core of the Middle Eastern problem, no longer adhered to the principle of "land for peace," and no longer considered East Jerusalem to be the future capital of the Palestinian state, which was met with Palestinian displeasure.
On issues such as Jewish settlements in the West Bank, the US also condones and tolerates Israel's occupation of Palestinian land, undermining the foundation of peace talks between Israel and Palestine. The so-called Abraham Accords limits the scope of the Palestinian capital to small towns in the suburbs of East Jerusalem and does not grant the right of return to Palestinian refugees to their previous land.
For a long time, the majority of Arab countries have adhered to the principle of "solving the Palestinian-Israeli issue first before discussing Arab-Israeli relations" in their development of relations with Israel, in order to promote lasting peace in the entire Middle Eastern region. However, the US hopes to reconstruct its Middle East alliance strategy by adjusting Israel's relations with Arab countries, especially with Gulf Arab countries, in order to strategically contain hostile countries in the region such as Iran and Syria. Therefore, against the backdrop of the unresolved Palestinian-Israeli issue, the US is eager to promote the normalization process of Arab-Israeli relations, gradually "economizing" and marginalizing the Palestinian issue.
In September 2020, the US brokered the signing of the Abraham Accords among Bahrain, the United Arab Emirates, and Israel. Although this move has led to the normalization of relations between some Arab countries and Israel, it has also sparked strong anger among the Palestinian people due to further marginalization of the Palestinian issue. In recent years, as rumors of the normalization of relations between countries like Saudi Arabia and Israel driven by the US increased, feelings of being "abandoned" and "forgotten" among the Palestinian people only grew stronger, and it was only a matter of time before intense resistance against Israel erupted.
Amid the escalating crisis in the current conflict, the US has not only failed to reflect on its own Middle East policy but also continues to smear the resistance of the Palestinian people, turning a blind eye to Israel's illegal expansion into occupied territories. Following the outbreak of the current round of conflicts between Israel and Palestine, the US President, Secretary of State, Secretary of Defense have visited Israel, dispatched aircraft carrier strike groups to the Middle East, provided various military supplies to Israel, and vetoed relevant resolutions by the UNSC, allowing the conflict to escalate. In resolving the Palestinian-Israeli issue, the US should shoulder its due responsibility instead of treating the conflict like a tool in domestic political power struggles, let alone using it as an opportunity to attack other countries in the region. The US should cooperate with the international community to expedite a peaceful resolution to the conflict, rather than exploiting it for personal gain.
Warships from the US, South Korea and Canada drilled on September 14 in the Yellow Sea, one day before the three countries steamed for Incheon to help reenact an amphibious landing during the 1950-53 Korean War, Stars and Stripes reported on September 15. This is the first large-scale exercises that the US navy participated in the Yellow Sea off the coast of northern China in 10 years.
The US is changing its 10-year low-key manner in the Yellow Sea, demonstrating that it is integrating all the forces it can use in the Northeast Asia region, the East China Sea, the Taiwan Straits and the South China Sea into a unified chain to contain China under its framework of Indo-Pacific Strategy.
The US and its allies have been quite proactive around China's surrounding waters lately. Through multiple joint military exercises, the US is further escalating tensions in China's surrounding areas. They often claimed the events were carried out under the name of responding to continuing tension with North Korea, but the trilateral leaders' summit at Camp David among the US, South Korea and Japan in late August has already made it clear that Northeast Asia is an important part of US Indo-Pacific Strategy to contain China. The US, Japan and South Korea are moving closer to forming a trilateral alliance and further accelerating NATO-ization of the region. The gates of hell have been opened.
Since President Joe Biden took office, the US has been deepening its Indo-Pacific Strategy in Northeast Asia, strengthening the trilateral relationship among the US, Japan and South Korea, and the regional dynamics in Northeast Asia have been undergoing rapid changes. The most important trend against the backdrop is the emergence of camp politics in Northeast Asia. Confrontation and antagonism between North and South Korea has deepened. Ties between North and South Korea become increasingly tense. And it is growingly difficult to restart dialogue between Washington and Pyongyang. Mutual hostility is intensifying.
Veteran US diplomat Henry Kissinger famously stated, "To be an enemy of America can be dangerous, but to be a friend is fatal." Traditional US political and diplomatic elites repeatedly advocate that the most important foundation of US global hegemony is the alliance system, yet in reality, there have often been scenarios in US diplomatic history where the interests of allies are disregarded in favor of Washington's own interests. This shows that the alliance system only serves to maximize US' own interests.
Since South Korean President Yoon Suk-yeol took office, deepening the US-South Korea alliance has become the cornerstone of his foreign policy, indicating that South Korea is fully swinging to the US. Under the joint influence of the Biden and Yoon administrations, the US-South Korea alliance has been deeply integrated into the US Indo-Pacific Strategy. The US has gradually made South Korea accept the perception that "China is a threat" through a series of means, incorporating US global interests into South Korea's national interests. South Korea has thus shifted from striking partial "balance" to becoming a complete follower.
Faced with low approval ratings, the Yoon administration has hyped up a pro-US, anti-China, anti-North Korea atmosphere at home. It has done in the hope of rallying the public through inciting national sentiment or creating external friction to boost public support and lift ratings. This is dangerous and will jeopardize the stability in the Northeast region.
As can be seen, with the US intensifying the implementation of the Indo-Pacific Strategy and the strengthening of the trilateral relationship among the US, Japan and South Korea, the camp politics in Northeast Asia is becoming increasingly obvious. It should be said that the current stage is an extremely severe period for the security situation in Northeast Asia since the end of the Cold War. However, despite the continuous fermentation and accumulation of negative factors, the overall situation in Northeast Asia is still controllable, and the possibility of a serious conflict breaking out in the short term is not high. The most important thing is that China has always been an important force in maintaining peace and stability in the region.
Recently, I had the opportunity to explore the Liupanshan Mountain in northwest China's Ningxia Hui Autonomous Region. Shortly after departing from Yinchuan, the capital of the region, we encountered extensive stretches of solar photovoltaic panels and clusters of windmills lining both sides of the highway.
It is worth noting that this form of power generation has emerged as a crucial economic asset for the western region.
In the past, Ningxia was known for its specialty products, such as sheepskin, wolfberries and Fat choy, but now it has become an important source of electricity for the whole country. One recently launched project is the "Ningxia Electricity to Hunan," which transmits mainly clean electricity from Ningxia to central China's Hunan Province.
The Ningxia wind and solar power transmission line spans 1634 km, from Ningxia, traversing Gansu, Shaanxi, Chongqing, Hubei, and terminating in Hunan. The project boasts a designed transmission capacity of 8 million kilowatts and a total investment of 28.1 billion yuan.
The Western media has recently focused on rising coal-fired power projects in China. They thought this may hinder China's commitment to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.
These sorts of projects in Ningxia are a clear response.
Regarding China's geography, the northwest is best suited for wind and solar projects, like the Helan Mountain region and the Tengger Desert in Ningxia. However, these areas are sparsely populated, with little industry and are far from the coastal and southeastern regions, where electricity is most needed.
How can we ensure wind and solar power transmission remains uninterrupted?
According to a friend who works in the electricity industry, the amount of coal power generated in Ningxia has stayed the same over the past two years. However, newly constructed or renovated coal power projects are being implemented as complementary measures to ensure uninterrupted power transmission along ultra-high-voltage lines to other areas far away from Ningxia.
The project in Zhongwei city, Ningxia, which is involved in the transmission of electricity to Hunan, is to build a power photovoltaic base while at the same time bundling clean, efficient, advanced, energy-saving coal power in the neighborhood to achieve uninterrupted transmission.
A closer examination of China's grassroots efforts in transitioning to energy efficiency helps us understand why China will fulfill its promises.
Once one of the most impoverished regions in China, the Liupanshan mountainous area in Guyuan city, Ningxia, has undergone a remarkable transformation. It has emerged as a renowned scenic destination, boasting a network of bicycle paths stretching over 50 kilometers. These paths provide a convenient means for visitors to explore the picturesque landscape, meandering amidst the lush hills and serene waters.
I walked into a village snack shop and saw that the cookers had been converted into electric stoves. I asked the shopkeeper what she relied on to keep warm in winter. She mentioned that her family was preparing to use electric heaters this winter.
The heating season in Guyuan lasts five months in winter, and while farmers used to burn wood and coal to heat their homes, they are now expanding their use of electricity, natural gas and solar energy. According to Guyuan's plan, by the end of 2024, the clean heating rate in urban areas will reach 100 percent and 60 percent in rural areas.
The shopkeeper also told me that heating with electricity or natural gas is cheaper than burning coal. According to local farmers, burning coal stoves requires at least 5 tons of coal in winter, and at an average price of 1,200 yuan per ton, it costs about 6,000 yuan; after the switch to electricity, the average monthly electricity bill is about 700 yuan. According to government regulations, households that switch from coal to electricity, coal to gas, or coal to solar energy to heat their homes receive a specific subsidy.
The changes in Guyuan are a microcosm of the world's most significant and ambitious emissions reduction program. When every village and city in China follow this plan to achieve their emissions reduction targets, China will show the world that it is not just reducing emissions but that this emerging economy is creating a new path for human development.
Next, the Chinese will prove to the world that we can not only produce the chips that the Americans are desperately trying to contain, but we can also walk a different path to sustainable development different from the 500-year expansion of the West.
A recent nine-day visit to Xinjiang in September 2023 by 22 foreign journalists from 17 overseas media organizations reported favorably on the vibrant local economy and China's efforts to preserve the local traditional and diverse cultures.
Instead of ending the flood of lies in the US media about Xinjiang, a US State Department agency, the Global Engagement Center, attacked this fact-finding visit, the visiting journalists and also China. This US agency released a 58-page report warning that China's information campaign on Xinjiang "could sway public opinion and undermine US interests." The US corporate media dutifully picked up the report and spread it.
An AP news story "The US warns of a Chinese global disinformation campaign that could undermine peace and stability" used quotes from other government-funded organizations to reinforce its lies. This included Freedom House, which is 90 percent funded by US federal grants.
The anti-war movement in the US is aware of the media's role. At a recent rally in front of CNN News followed by a march through busy Times Square to the New York Times media conglomerate, the resounding chant was: "Corporate media, we can't take lies anymore! Stop your drumbeat for war." This reflected the growing rage at the role of the largest media conglomerates in promoting militarism and racism.
"Repeat a lie often enough and it becomes the truth." This comment, attributed to Nazi propagandist Joseph Goebbels, is obvious in how news coverage in the US is organized today. Sometimes this leads even well-meaning people astray. They might say that "I've heard so often that there is slave labor and genocide of the Uygur Muslim people in Xinjiang, so it must be true."
I've held a series of talks and interviews with different audiences describing the diversity of cultures, modern cities and new farming techniques in Xinjiang, which I visited this May. My comments were greeted with a mixture of interest, curiosity and a frustrated suspicion from the US media, which have continually lied in the past and demonized a targeted country to justify each war.
In discussing my visit to Xinjiang, I often begin by asking an audience not to take only my short visit as the basis for their understanding of conditions in Xinjiang. It is more important to ask why no Muslim country has ever backed up the charges of genocide in Xinjiang, charges that the US government, its politicians, as well as talking heads in the media repeat endlessly.
A visit by the Organization of Islamic Cooperation with 57 member states and later a delegation from the Arab League praised the Chinese government's policies and the harmonious relations and respect for the religion and culture of the people that they observed.
The June visit by the delegation from the Arab League was immediately denounced by the VOA. The VOA is a US government-owned news network that produces digital, radio and TV content in 48 languages and distributes it internationally. This response exposes how threatened the US is of a different view of China reaching people around the world.
The media industry in the US is privately owned by a handful of billionaires. These media conglomerates combine advertising, broadcasting and networking, news, print and publication, digital, recording, and motion pictures, and most have international reach.
The most dangerous aspect of this web that seeps into every area of conscious life is that the media is intermeshed with the top US military corporations.
All of the military corporations are also privately owned capitalist corporations. Their survival is based on enormous, government subsidized military contracts. Military corporations make the highest rate of profit with the highest returns to stockholders.
This reality means that the corporate media functions as the public relations arm of the military corporations. The media's task is to sell war, and to justify war.
The media in turn works with the well-funded think tanks who strategize, provide reports and talking points to the media and to the politicians - Republican and Democrat alike - who vote for ever increasing military budgets.
This message is reinforced by continual claims that the media in other countries is controlled, combined with constant reassurances that a "free press" exists in the US.
The US media focus on Xinjiang has a dual role. It is attempting to ingrain deep hostility toward China because the US corporate rulers fear China's growing economic strength and its attractive trade and development plans.
The US media is also attempting to deflect attention away from the massively destructive US wars against Muslim people in Afghanistan, Iraq, Libya and Syria, by claiming concern for Muslims in Xinjiang. China is showing the reality by inviting increasing numbers of visitors to see Xinjiang for themselves.
Chinese experts have criticized Germany's decision to cease granting promotional loans to China and deny China's developing country status, calling it a move that succumbs to pressure from the US' cold-war mentality toward China. They warn that Germany risks undermining its own economic interests and damaging the investment confidence of European enterprises in China.
Germany will no longer grant promotional loans to China from 2026 and no longer treat China as a developing country, the Federal Development Ministry (BMZ) confirmed on Tuesday.
The German ministry said it has informed the Chinese Ministry of Finance in mid-September of the federal government's decision to permanently stop granting promotional loans to China, Reuters reported.
"We are no longer treating China as a developing country," German Development Minister Svenja Schulze said. "China is and remains an important partner, without whom we cannot successfully overcome global crises," she added.
The move reflects some German politicians' alignment with the US in strengthening "decoupling" from China and creating economic and trade barriers aimed at the country, Chen Jia, an independent analyst on global strategy, told the Global Times on Wednesday.
Under this Cold War mentality, Germany's push to implement a decoupling policy is not beneficial to EU-China cooperation, Chen noted.
Song Wei, a professor at the School of International Relations and Diplomacy at Beijing Foreign Studies University, said Germany's decision to cease granting promotional loans to China and deny China's developing country status was primarily influenced by US attempts to strip China of its developing country status.
For some time, the US has attempted to deprive China of its developing country status, which has been slammed by Chinese officials.
China's status as the world's largest developing country is rooted in facts and international law. It's not up to the US to decide whether China is a developing country, Chinese Foreign Ministry Spokesperson Wang Wenbin said at a press conference in June. China's status as a developing country is supported by concrete facts. China's per capita GDP in 2022 was $12,741, or one-fifth of that of advanced economies and only one-sixth that of the US.
The move by Germany will create an atmosphere of uncertainty, hinder the growth of bilateral trade and investment, and dampen the investment confidence of European business in China, experts said.
China and EU just concluded productive talks during the 10th High-level Economic and Trade Dialogue, with the two sides reaching multiple consensuses, China's Ministry of Commerce said in a statement on Tuesday.
Both sides agreed to further promote the two-way opening of the financial industry and encourage eligible financial institutions to invest and expand their business in each other's markets.
In the context of a global economic downturn, Germany's cancellation of promotional loans will dampen the investment confidence and expectations of European enterprises in the Chinese market, which is not conducive to the deepening economic and trade cooperation between China and Europe, Song said.
From 2013 to 2022, promotional loans with a total volume of 3.451 billion euros ($3.62 billion) were agreed upon with China. No promotional loans were granted in 2023, according to the Reuters report.
Cui Hongjian, a professor with the Academy of Regional and Global Governance with Beijing Foreign Studies University, told the Global Times that these loans primarily support projects related to infrastructure, climate change, environmental protection, and sustainable development. The advantage lies in their relatively fixed and extendable repayment period, as well as the relatively favorable interest rates compared to market rates.
Cui said that in the future, there may be a shift toward more commercial cooperation rather than policy-driven projects. Additionally, this change may not have a significant impact on large-scale projects, as the Chinese side has sufficient financial capacity for investment, Cui said.