Belt And Road Wraps Up, Positive China

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Facts about the initiative have shown that the Belt and Road project responded to the trend of times and is in line with the common interests of the people, Hua said, reiterating China's stand. "Apparently to Chinese surprise, the European Union was united on this".

Now that the BRF is over it is evident that China was pleased with the event; President Xi announced yesterday that a second Belt and Road Forum will be hosted in 2019.

Xi confirmed that China has so far signed cooperative agreements with 68 countries and global organizations concerning the initiative, including those signed during the forum.

The daily said if India sees itself as a big power, it should get accustomed to the many divergences with China, and try to manage these divergences with China.

China welcomes Italy to participate in the construction of the Belt and Road, and supports cooperation between the two countries in port management, shipping as well as ship building, he said.

He added that the initiative would open up Rwanda to the world more than ever before. The border of the two countries has been peaceful in these years, the most important force for stable bilateral relations. The biggest was for a US$3.46 billion project to set up a futuristic robotic hub in Johor.

Indonesia signed three agreements with China, including a loan worth US$4.48 billion from the China Development Bank for the Jakarta-Bandung high-speed rail project.

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They expressed willingness to enhance cooperation with China to jointly promote the Belt and Road Initiative and realize the 2030 Sustainable Development Goals.

The leaders vow to contribute to a stable and equitable global financial system, promote openness and connectivity among financial markets, including through mutual cooperation on payment systems and the promotion of financial inclusion, according to the document.

They noted the challenges faced by the world economy and welcomed the initiative to improve connectivity between Asia and Europe.

The communique also urged countries that have signed on to the Paris climate change agreement to implement it fully. She added India is always welcome to join the BRI but it depends on the country's attitude towards the mega-connectivity project.

Despite China's pledges of inclusiveness and a level playing field for all, there are concerns over transparency issues and the country's growing clout and its intentions.

Germany asked for more transparency.

Referring specifically to New Delhi's objection that the China Pakistan Economic Corridor (CPEC) infringed India's sovereignty as it passed through Pakistan-occupied Kashmir, Ms. Hua said: "The CPEC is not about the conflict with various sides and will not affect China's position on the Kashmir issue". The two South Asian neighbours have fought two wars over the disputed Kashmir region.

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