China is struggling to ease worries about President Xi Jinping's signature ...
BEIJING/BRUSSELS - China is struggling to ease worries about President Xi Jinping’s signature plan to build a new Silk Road as it readies for a major summit in late April, especially among Western nations wary about debt, transparency and Chinese influence.
Following the first Belt and Road summit two years ago, in a luxuriously appointed convention center in hills north of Beijing, the second one is scheduled for the same location in late April. China is billing it as the country’s most important diplomatic event of the year. Jonathan Cohen, acting permanent representative of the United States at the United Nations, last month slammed China’s attempt to get Belt and Road language into a resolution on Afghanistan, saying it had “known problems with corruption, debt distress, environmental damage, and lack of transparency”.
Last week, Europe’s top leaders told Xi they wanted a fairer trading relationship with China, signaling an openness to engage with the project if it meant more access to the Chinese market. German Economy Minister Peter Altmaier, a Merkel confidant, is attending the summit, along with French Foreign Minister Jean-Yves Le Drian, with Altmaier saying they wanted to “safeguard European interests in co-operation with China there”.
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