China News
TRADE WARS
China swipes at 'bullying' US as it woos South American leaders
China swipes at 'bullying' US as it woos South American leaders
by AFP Staff Writers
Beijing (AFP) May 13, 2025

China threw thinly-veiled swipes at the United States and cast itself as the defender of the multilateral order Tuesday at a summit attended by delegates from the Caribbean and Latin America, with which Beijing is seeking to deepen ties.

Promising billions in development credit and deeper cooperation in everything from energy to infrastructure, President Xi Jinping told the opening ceremony of the China-CELAC Forum in Beijing that "bullying and hegemony will only lead to self-isolation".

Beijing has stepped up economic and political cooperation with Latin American nations in recent years.

And Latin America has emerged as a key battleground in Donald Trump's confrontation with China, and the region is coming under pressure from Washington to choose a side.

Speaking a day after the United States and China announced a deal to drastically reduce tit-for-tat tariffs for 90 days, Xi cast Beijing as a defender of peace and stability.

"There are no winners in tariff wars or trade wars," Xi said.

"Only through unity and cooperation can countries safeguard global peace and stability and promote worldwide development and prosperity," he said.

The Chinese leader pledged $9.2 billion in credit towards "development" for the region -- part of a broad set of initiatives aimed at deepening cooperation, including on infrastructure and clean energy.

Beijing will also work with the region in counterterrorism and fighting transnational organised crime, Xi said, as well as enhancing exchanges such as scholarships and training programmes.

Under Monday's agreement, the United States agreed to lower its tariffs on Chinese goods to 30 percent while China will reduce its own to 10 percent.

The deal marked a major de-escalation of a gruelling trade war between the world's two largest economies which threw global markets into turmoil.

But tensions remain -- a 20 percent levy over Trump's complaints about Chinese exports of chemicals used to make fentanyl remains in force.

Beijing's foreign ministry angrily demanded on Tuesday that the US "stop smearing and shifting blame".

- 'Might makes right' -

Xi's top diplomat also echoed Beijing's swipes against Washington.

Speaking alongside Latin American counterparts, Wang Yi condemned a "major power" being "obsessed with the idea that might makes right".

He urged Latin American nations to "join hands" with China to defend their rights against a country that is "using tariffs as a weapon to bully other countries".

Among notable attendees at the forum is Brazilian President Luiz Inacio Lula da Silva, who arrived in Beijing on Saturday for a five-day state visit.

Addressing the delegates, Lula said his region did not "want to repeat history and start a new Cold War".

"Our goal is to be an asset to the multilateral order for a global good, and to be duly represented," he explained.

Also present is Colombian President Gustavo Petro, who called for "dialogue between civilisations" that took into account the interests of the region.

Petro has said he intends to sign an accord to join Beijing's Belt and Road Initiative during his visit.

Two-thirds of Latin American countries have already signed up to Beijing's trillion-dollar BRI infrastructure programme, and China has surpassed the US as the biggest trading partner of Brazil, Peru and Chile, among others.

Chilean President Gabriel Boric also told the forum that his country would take a "leap forward in economic relations with China".

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
Texas push to ban non-citizens from buying land prompts racism worries
Austin (AFP) May 12, 2025
A renewed push in Texas to ban Chinese and other non-citizens from purchasing property is almost across the finish line, prompting protests by opponents who claim the measure will stoke discrimination against minorities. The legislation previously failed in 2023, but has gained new steam in the Republican-led state since President Donald Trump's return to office on a stark anti-immigration and anti-China agenda. The Texas bill, SB 17, bans most non-citizens from countries deemed by the United St ... read more

TRADE WARS
Tiangong returns largest sample set yet for biological and materials science research

Space is a place to found a community not a colony

China's Shenzhou-19 astronauts return to Earth

New Shenzhou Crew Begins Handover Operations Aboard Tiangong

TRADE WARS
China's Xi slams 'bullying' as Beijing hosts LatAm leaders

China's consumption slide deepens as tariff war bites

US tariffs to weigh on economy despite recent reprieve: Fed official

'Pragmatic' approach could reap 'ambitious' UK-EU deal: Starmer

TRADE WARS
TRADE WARS
Moscow says 'no reason' to expect better German relations as Xi heads to Moscow

Trump talks tough on China, but early focus elsewhere

Japan, China accuse each other of airspace 'violation' near disputed islands

Pentagon chief orders 20% cut in number of top officers

TRADE WARS
EU asks Prague to hold off on S.Korean nuclear deal

Ontario Approves Construction of GE Vernova Hitachi's BWRX-300 Small Modular Reactor

Google agrees to fund three US nuclear plants

EDF complaint blocks Czech-Korean nuclear deal

TRADE WARS
India tells X to block over 8,000 accounts

University of Rochester and RIT Launch Experimental Quantum Communications Network

China slams CIA recruitment ads as 'naked political provocation'

China denies accessing data after TikTok hit with huge EU fine

TRADE WARS
EU asks Prague to hold off on S.Korean nuclear deal

Ontario Approves Construction of GE Vernova Hitachi's BWRX-300 Small Modular Reactor

Google agrees to fund three US nuclear plants

EDF complaint blocks Czech-Korean nuclear deal

TRADE WARS
Norway's Equinor slams 'unlawful' halt to US wind farm

US halts Equinor's huge New York offshore wind project

Chinese energy giant Goldwind posts annual growth as overseas drive deepens

Clean energy giant Goldwind leads China's global sector push

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.