Xi Jinping 6 day tour to Europe from March 21 to boost Belt and Road initiative


Devdiscourse News Desk | Beijing | Updated: 18-03-2019 09:47 IST | Created: 18-03-2019 09:25 IST
Xi Jinping 6 day tour to Europe from March 21 to boost Belt and Road initiative
Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, addresses the opening ceremony of a study session at the Party School of the CPC Central Committee attended by senior provincial and ministerial officials in Beijing, capital of China, on Jan. 21, 2019. President Xi Jinping on Monday told senior officials to strengthen their ability in preventing and defusing major risks to ensure sustained and healthy economic development and social stability.
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Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said Monday, with Rome expected to join his global trade infrastructure programme despite reservations in other European countries. Xi will pay state visits from March 21 to March 26, foreign ministry spokesman Lu Kang said in a statement, without providing more details about his itinerary.

An Italian official said last week that Rome would sign a non-binding memorandum of understanding with Beijing to officially support Xi's massive $1 trillion Belt and Road initiative, also known as the New Silk Road. Beijing has financed infrastructure, maritime, rail and road projects in Asia, Africa and Europe, but critics warn that it mainly benefits Chinese firms while setting up a "debt trap" in more financially vulnerable countries.

Following Italy's announcement, French President Emmanuel Macron said last week that European Union countries should have a "coordinated approach" regarding China. "It's a good thing that China is participating in the development of many countries, but I believe in the spirit of equality, reciprocity. The spirit of equality means respecting the sovereignty of nations," Macron said.

(With inputs from agencies.)

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