America wants to form an economic alliance to deal with China
World News

America wants to form an economic alliance to deal with China


(News 24h) – US Secretary of State expressed concern about China’s plan to expand economic influence of China in European countries.

US Secretary of State Mike Pompeo made a visit to Italy and sent out messages against the expansion of Chinese influence in allied countries in Europe.

My want to establish the economic alliance of China
US Secretary of State Mike Pompeo meets with Italian Prime Minister Giuseppe Conte. Photo: AP

During his visit to Italy, Foreign Minister Pompeo held talks with Prime Minister Giuseppe Conte in Rome and emphasized the risks involved in doing business with China.

According to US State Department Deputy spokesman Cale Brown, the US Secretary of State stressed the significant business and investment relationship between the US and Italy, but did not forget to warn Rome of the risks involved. economic cooperation with China.

The US move to warn allies about the risks of economic cooperation with China is not considered too new.

In an interview with Fox News (US) last week, US Secretary of State Mike Pompeo stated that “the greatest external threat” in the medium and long term to the United States is coming from China.

America’s top diplomat claimed that now from Africa to Southeast Asia and South America, many countries “are realizing the threat that China poses to their freedom, their sovereignty” .

“We have now begun to build this global alliance to repel them and this will take many years. I believe the situation has changed in terms of recognizing the threat from China” – Pompeo to speak.

The statement is believed to imply a series of US accusations against various types of cooperation with China.

In October 2018, while visiting Mexico, the US Secretary of State said he was not meant to oppose legitimate Chinese investments, but “when China appears, it will not always bring good intentions to the public. your people “, especially the kind of” suspiciously good “(too good to be true).

“When they make a reasonable, legal, transparent, and compliant investment, it’s called competition, and it’s what the US welcomes. But when they come up with lucrative deals. suspiciously, often so, actually is, “Pompeo said.

According to Pompeo, the Chinese state-owned companies are showing a lack of transparency, not operating by the market and not aiming to benefit indigenous people, for example people in Panama. Instead, these companies just want to reap benefits for the Chinese government.

American leaders regularly warn that China’s aid policies could pose financial risks in small countries, causing these countries to yield to diplomatic pressure from Beijing. US Vice President Mike Pence has also criticized China for using “debt traps” to exert influence on small countries.

Before the information that the US Secretary of State had published about the possibility of forming an anti-China alliance, the Beijing side sent a hot message.

Chinese Foreign Ministry spokesman Uong Van Ban said the idea was completely “unrealistic”.

“He (Pompeo) could not wait until that day. His successor could not wait because that day will not come” – Mr. Uong Van Ban said.

Meanwhile, China Daily called the US Secretary of State’s speech “both ignorant and malicious”.

“Such extravagant statements are what we already know about members of the administration of (US President) Trump, which are inherently not based on facts” – the newspaper wrote.

But the reality is that in the strategy of developing and building global influence, Chinese investors have spread money everywhere for the Belt and Road initiative and a large number of these initiatives have been criticized. .

Projects under this initiative aim to connect Asia, Europe, the Middle East and Africa with an extensive transportation network. Many countries participating in this series of initiatives have expressed concerns about China’s debt-trap diplomatic investment. The country that is insolvent will have to trade off with national advantages, most of which are in positions with a national defense and security strategy.

Hai Lam

.

Leave a Reply

Your email address will not be published. Required fields are marked *