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CHINA

Chinese premier touts trade deal with Swiss

Chinese Premier Li Keqiang sees a looming free-trade deal with Switzerland as a touchstone for Beijing's growing ties with foreign nations, he told a Swiss newspaper on Thursday ahead of a landmark visit to Europe.

Chinese premier touts trade deal with Swiss
Chinese Premier Li Keqiang. Photo: AFP

Li was scheduled to arrive in Switzerland late on Thursday for trade-focused talks in what is the first stop on his debut visit to Europe since taking over in a once-in-a-decade power transfer in Beijing.
   
In an opinion piece published in the Zurich daily Neue Zürcher Zeitung, Li 
wrote that the upcoming deal and his trip itself were "symbolic of China's openness to the outside world".
   
Li, who took charge as premier in March, is on his maiden foreign tour and 
arrives in Switzerland fresh from talks with neighbours India and Pakistan, before heading to top European trade partner Germany at the weekend.
   
Economic issues are set to be sharply in focus in his meeting with the 
Swiss — who are not members of the European Union — as the two countries move to sign a free-trade accord which has been under negotiation since 2011.
   
"Switzerland will be the first continental European country, as well as the 
first in a list of the 20 largest global economies, to have concluded a key free-trade deal with China," Li wrote.
   
"This will not only enhance our economic and trade cooperation, but also 
send the world a strong signal about the fight against trade and  investment protectionism, as well as the liberalisation and facilitation of trade," he underlined.
   
"It will give a new impulse to the deepening of relations and trade ties 
between Europe and China, bring tangible benefits for consumers and business in both countries, and contribute to the growth of world trade and the economic recovery," he added.
   
The core of Li's talks with Swiss leaders are scheduled for 
Friday.
   
After wrangling notably over Chinese taxes on imported Swiss industrial 
goods and Switzerland's rules on China's agricultural exports, the two countries' negotiators wrapped up the technical details earlier this month.
   
That opened the way for their governments to prepare for a signature, 
although the deal itself is not set to be inked during Li's visit, as the two sides' legal teams are still analysing it.

China is already Switzerland's third major trading partner, after the European Union and the United States.
   
Bilateral trade between Switzerland and China was worth $26.3 billion in 
2012, with a full $22.8 billion of that figure represented by Swiss exports to China.
   
That made it one of the rare Western countries to have a positive trade 
balance with the Asian giant.
   
In contrast, German exports to China in 2012 were worth the equivaliant of 
$86 billion, and imports from China, $99.8 billion.
   
Switzerland's top exports to China are watches, pharmaceuticals and 
chemicals, and machinery, while textiles and machinery head the list of imported Chinese goods.

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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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