Pence, China's Xi trade tough talk at Pacific summit

Daniel Fowler
November 17, 2018

PROTECTIONIST actions are short-sighted and doomed to fail, Chinese President Xi Jinping said today ahead of an Apec summit at which US-China trade tensions are likely to take centre stage.

On Saturday, Pence warned that Trump could still put more tariffs on China.

Xi also tackled USA attacks on China's communist system, saying there were more than 200 countries on the planet and "trying to erase their differences will not work, such differences are not a hindrance to exchanges, still less a cause for confrontation".

TOUCHDOWN President Duterte is welcomed at Jacksons International Airport in Port Moresby by Papua New Guinea officials led by Deputy Prime Minister and Minister for Treasury Charles Abel and Foreign Minister Rimbink Pato, as well as Philippine Ambassador Bienvenido Tejano (right).

Trump and Xi are scheduled to meet a few weeks from now at the Group of 20 summit in Buenos Aires.

Countries which embrace protectionism are "doomed to failure", China's Xi Jinping has warned in a veiled swipe at the US's America First policy.

"Attempts to erect barriers and cut close economic ties work against the laws of economics and the trends of history", he told business leaders on the sidelines of the summit.

China has denied that USA companies are forced to transfer technology and sees US demands on rolling back its industrial policies as an attempt to contain China's economic rise. He said the USA was working to improve relations with Beijing, and pointed to Trump's upcoming meeting with Xi as an opportunity for progress.

White House must return CNN reporter Acosta's press pass, judge rules
District Court in Washington. "While the suit is specific to CNN and Acosta, this could have happened to anyone". CNN asked for Acosta's credentials restored while a lawsuit over his credentials' revocation goes forward.

But on Saturday Xi appeared to give no concessions to United States complaints that China's technology advances had been built on intellectual property theft.

"The United States though will not change course until China changes its ways", he told delegates gathered on a cruise liner tethered in Port Moresby's Fairfax Harbour.

The two countries have been involved in an escalating trade war this year, imposing tariffs on hundreds of billions of dollars' worth of goods, and have said that the tariffs could be increased.

One of the complaints about Xi's signature Belt and Road policy has been the accusation that it overburdens poor countries with debt, which could leave them dependent on China.

"We don't drown our partners in a sea of debt", he said.

"We believe that progress could be made between our two nations, even as the United States remains in a strong position", Pence said.

Mr Pence appeared to throw down the gauntlet to China on trade and security in the Pacific region.

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