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CHINA

Germany set to lose export crown

China is likely to overtake Germany as the world's largest exporter in 2009, despite a sharp fall in shipments as the global downturn took its toll, a high-ranking trade official has said.

Germany set to lose export crown
Photo: DPA

The country’s share of global trade is expected to exceed nine percent this year, up from 8.86 percent in 2008, Vice Commerce Minister Zhong Shan said at a forum here on Sunday.

“China will probably surpass Germany to become the largest exporting country,” he said, according to a statement posted on the ministry’s website.

However, 2009 was a tough year for the Asian giant with full-year exports predicted to decline by 16 percent on-year, Zhong added – the biggest decline in at least three decades, according to available ministry data.

He blamed the drop on “severely weak international demand” and “rising trade protectionism”, adding the value of trade disputes brought against China in terms of potential losses doubled this year to $12 billion.

The country will face an “even more complicated foreign trade situation and more arduous tasks” in 2010 given ongoing uncertainties in international demand and the stability of the yuan’s exchange rate, Zhong said.

China’s trade is “big but not strong”, and the country must adjust its trade structure and beef up product quality and competitiveness to “realise improvement in quality from an expansion in quantity”, he said.

In the first 11 months of the year, the country’s exports were down by 18.8 percent from the same period last year to $1.07 trillion, official figures showed.

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CHINA

China derides Copenhagen democracy meet as ‘political farce’

China on Tuesday blasted a democracy conference in Copenhagen attended by Taiwan's president and a Hong Kong activist alongside Danish government officials this week, qualifying it a "political farce".

China derides Copenhagen democracy meet as 'political farce'
Demonstrators gathered outside the Copenhagen Democracy Summit on Tuesday. Photo: Emil Helms/Ritzau Scanpix

The Copenhagen Democracy Summit was held Monday and Tuesday in the Danish capital and organised by the Alliance of Democracies, an organisation targeted by Beijing sanctions in March and founded by former NATO boss Anders Fogh Rasmussen.

In addition to Taiwan’s President Tsai Ing-wen and Hong Kong democracy activist Nathan Law, Danish Foreign Minister Jeppe Kofod also participated in the forum by video link, which Beijing said violated “the one-China principle.”

“This summit is a political farce,” the Chinese embassy in Denmark wrote in a statement published on Tuesday. “Inviting those who advocate Taiwan and Hong Kong ‘independence’ to the meeting violates the one-China principle and interferes in China’s internal affairs,” it said.

“Some hypocritical western politicians are good at meddling in other countries’ internal affairs and creating divisions and confrontation in the name of ‘democracy’ and ‘freedom’. They are bound to fail,” it added.

At the conference on Monday, Kofod said it was “deplorable” that Beijing had imposed sanctions on 10 European individuals and organisations in response to EU sanctions on Xinjiang officials over their actions against the Uyghur Muslim minority.

Like most countries, Denmark applies the one-China principle — under which Beijing bars other countries from having simultaneous diplomatic relations with Taipei — though it does maintain relations with Taiwan.

Cut off politically from the rest of China since the end of the Chinese Civil War in 1949, the territory is self-governing but is not recognised by
the United Nations.

Beijing considers Taiwan a rebel province that will one day return under its control, by force if necessary.

China’s sabre-rattling has increased considerably over the past year, with fighter jets and nuclear-capable bombers breaching Taiwan’s air defence zone on a near-daily basis.

“Our government is fully aware of the threats to regional security, and is actively enhancing our national defence capabilities to protect our
democracy,” Tsai told the conference in a video address on Monday. US President Joe Biden is expected to present his China strategy soon, as
calls mount for him to publicly commit to defending Taiwan militarily in the event of a Chinese attack.

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