BEIJING – Chinese President Xi Jinping reiterated that his country will stick to a path of peaceful development as he wrapped up his first visit to the United States in six years, having eased tensions between the world’s top two economies.
“The fundamental goal of China’s development is to improve the well-being of the Chinese people, not to replace anyone,” the state-run Xinhua news agency cited him as saying in a Nov 17 speech delivered at the close of this week’s Asia-Pacific Economic Cooperation summit in San Francisco.
The remarks echo his message in recent days. Mr Xi said on Nov 15 that China wants friendship with the United States and that his nation will not fight a war with anyone, among his clearest remarks yet proclaiming a desire for peaceful ties between the world’s two largest economies.
In a speech to business executives shortly after meeting US President Joe Biden this week, Mr Xi said China “never bets against the United States” and “has no intention to challenge the United States or to unseat it”.
On Nov 17, the Chinese leader also stressed that countries should “build an open, dynamic, strong and peaceful Asia-Pacific community”, and called for an open and fair environment for technology development.
Mr Xi will be leaving California after a broadly positive trip that saw agreement with Mr Biden on better managing potential flare-ups. That could reduce the risk of a military crisis at a time when Mr Xi is struggling with a major property-market slump and a shake-up in senior leadership positions.
The normally stolid Mr Xi has projected a softer side this week. Hours after reminiscing with Mr Biden over his first trip to the US nearly 40 years ago, the Chinese President publicly accepted a National Basketball Association team’s jersey from California Governor Gavin Newsom and indicated that Beijing would send pandas to US zoos.
His trip to the US came at a critical moment: China’s economy is slowing after decades of high-speed growth, while fraught ties with the West are driving away foreign capital, and trade tensions with the US add risks.
Scepticism remains over how long the bonhomie will last. The US has shown no sign it will roll back export curbs throttling China’s access to crucial future technologies – one of the issues Beijing is most concerned about.
Mr Xi restated that posture on Nov 17, reiterating opposition to “politicising, weaponising economic and trade issues and overstretching the concept of national security”, according to the state media reports.
He also called on his counterparts to safeguard free, open trade and investment and maintain the stability of global industrial and supply chains. BLOOMBERG
