WASHINGTON WATCHING
China's foreign policy since the country began economic reforms three decades ago has traditionally followed the maxim of late paramount leader Deng Xiaoping of "hiding ones' strength and biding ones' time", or keeping a low profile.
Foreign Minister Wang Yi earlier this year flagged China's more assertive regional foreign policy at his annual press conference and in a newspaper article.
"We must accept the role of a responsible major country in international affairs," Wang wrote.
Asked this week whether China was carrying out its own pivot, Foreign Ministry spokesman Hong Lei said China was pursing a policy of good neighbourliness.
A senior Obama administration official said Washington was paying close attention to Xi's approach to Asia.
"We noted his statement at the CICA conference about Asia for Asians, the growing criticism of U.S. alliances and the Asian infrastructure bank," said the official, who spoke on condition of anonymity.
"It's raising serious questions about whether the U.S. vision and the Chinese vision are fully compatible."
A second senior U.S. official said Washington had not been assured that the infrastructure bank would adopt the high governance and other standards of institutions such as the World Bank and the ADB. He said the administration did not see how such an entity would "add value" for the region and that Washington would be making this point to Asian allies.
While they were not members, the United States and Japan were welcome to join the bank, Lou said.
Top Chinese and U.S. officials will get the chance to discuss the bank and many other issues during annual talks in Beijing on July 9-10, a meeting known as the Strategic and Economic Dialogue.
Linkback:
https://tubagbohol.mikeligalig.com/index.php?topic=78593.0