China's Xi appeals to foreign leaders for freer trade

It also urged countries that have signed on to the Paris climate change agreement to fully implement it. He was speaking to leaders and other officials from Asia, Europe and Africa at the event to promote Beijing's "Belt and Road Initiative".

African countries should support China's Belt and Road Initiative considering the vast benefits it will avail, a development expert said on Monday.

Prime Minister Nawaz Sharif on Monday participated in the Leaders' Roundtable sessions at the Belt and Road Forum, focusing on closer partnership for inter-connected development.

The report also highlighted as to how some top world leaders snubbed China by not sending their top leaders for the summit.

A joint statement by the leaders appeared to be crafted to defuse fears Beijing is trying to create a China-dominated bloc and rewrite global trade rules. It termed the summit as a "potentially historic Chinese infrastructure campaign that could transform swathes of the developing world".

"We support green and low carbon development", the Chinese president said.

Xi's signature foreign policy, the Belt and Road initiative, will not base cooperation on ideological grounds but will be open and inclusive, the Chinese president told reporters at a closing function.

The Washington Post talked about the "unease" over the project expressed by India, US and Russian Federation. UN Bodies and regional organisations have embraced it, as multiple projects under the "One Belt-One Road" have complementarity. "Other countries welcome the investment, but governments including the United States, Russia and India have expressed unease that Beijing also might be using the effort to increase its political stature".

China has signed cooperation deals with 68 countries and global organisations during the two-day Belt and Road Forum. With this, CNN said, Chinese leaders are "ringing in what they hope is a new world order".

Katainen said more Europeans were demanding that China give EU businesses access to its market in the way that EU markets were open to Chinese investment. Agriculture will be among the main area of focus, according to the Dawn report.

China signed MOUs on Belt and Road cooperation with Mongolia, Pakistan, Nepal, Croatia, Montenegro, Bosnia and Herzegovina, Albania, Timor-Leste, Singapore, Myanmar and Malaysia.

Xi expressed his confidence in the initiative's future and called it "a long-term undertaking".

Related:

  • Women's cardboard cutout out of Sean Spicer in bushes goes viral

    She placed it in shrubbery at a local bank in Victoria, and shared a photo of the display with her Facebook friends. It was later corrected to say Spicer was "among" the bushes, not "in" the bushes.

    Merkel's CDU Unseats Ruling SPD In Crucial German State Election

    Germany's opposition SPD is nursing a stunning defeat in the state election in its North Rhine Westphalia heartland. An election Sunday in Germany's most populous state is serving as a prelude to September's national vote.

    Supreme Court Rejects Appeal for North Carolina Voter ID Law

    Almost without fail, voter ID is an attempt to suppress Democratic votes and engineer Republican election wins. Per custom, the Supreme Court did not offer an official reason for their decision not to hear the case.
  • Oil prices rise as Saudi and Russia agree to prolong output curbs

    Oil prices rise as Saudi and Russia agree to prolong output curbs

    The two countries plan to present their position to the other producing nations at the May 25 OPEC meeting in Vienna. Brent crude was at $51.66 a barrel at 4.10am GMT, up 82c, or 1.6%, from its last close.
    Android Nougat update for Samsung Galaxy A5 (2016), A7 (2016) in India

    Android Nougat update for Samsung Galaxy A5 (2016), A7 (2016) in India

    Needless to say, this is the rugged version of the smartphone, just like the case with the Galaxy S7 and its active counterpart. If the latest one is anything to go by, the upcoming smartphone from Samsung will feature a massive 6.3-inch display.
    Barclays Capital Issues Price Target With 4.49% Upside On Snap Chat

    Barclays Capital Issues Price Target With 4.49% Upside On Snap Chat

    The average 12-month price objective among brokerages that have updated their coverage on the stock in the past year is $190.80. The company reported $2.39 earnings per share for the quarter, beating the Zacks' consensus estimate of $2.34 by $0.05.
  • HTC unveils U11, a smartphone that you squeeze to interact with

    HTC unveils U11, a smartphone that you squeeze to interact with

    The Alexa voice service will be available to customers in the United States, United Kingdom, and Germany, the company said. HTC U11 also features a technology called "Acoustic Zoom", which makes the audio sound louder as you zoom into a video.
    Ghost Recon: Wildlands Fallen Ghosts DLC Coming At the End of May

    Ghost Recon: Wildlands Fallen Ghosts DLC Coming At the End of May

    Hopefully the release of Fallen Ghosts also means Ubisoft is one step closer to releasing multiplayer for Ghost Recon: Wildlands . On top of all that, the advanced and expert difficulties have been tweaked to offer an even higher challenge.
    IT dept raids Lalu Prasad Yadav's associates in Rs 1000cr benami deals

    IT dept raids Lalu Prasad Yadav's associates in Rs 1000cr benami deals

    The BJP has been doing everything to finish regional parties to end true federalism in the country, the RJD chief said. What is on since morning, that was also discussed", Mamata said about the raids after meeting Sonia Gandhi here.
  • IPL 2017: Finally, Virat Kohli ends season with a victory

    IPL 2017: Finally, Virat Kohli ends season with a victory

    The fifty-run partnership for the second wicket was achieved in 41 balls, thanks to a productive 12th over that fetched 19 runs. After RCB beat Delhi Daredevils recently in a match on May 14, Kohli was handed the FBB Stylish Player of the Match award.
    Liam Payne 'struggled' with Cheryl naming their son Bear

    Liam Payne 'struggled' with Cheryl naming their son Bear

    And if you think that's cute, just remember that Liam , 23, and 34-year-old Cheryl's nickname for him is "Cub". Liam Payne has said he had an "internal struggle" over Cheryl's choice of the name Bear for their baby son.
    Oil prices move up on hopes supply glut may ease

    Oil prices move up on hopes supply glut may ease

    OPEC, of which the Saudis are the de facto leaders, is likely to follow suit when its 13 members meet in Vienna on May 25. Brent crude futures were at $52.05 per barrel at 0129 GMT, up 23 cents, or 0.44 percent, from their last close.

Comments

Latest news

White House goes blue to honor nation's police officers
The Olive Branch Police Department hosted the 2017 Law Enforcement Torch Run for Special Olympics Monday morning. Fortunately, Boca's police department hasn't had any officers killed in the line of duty in more than 40 years.

Trump, Turkish leader hail ties despite US arming of Kurds
Big developments or concessions where Gulen or Zarrab are concerned, however, could have domestic consequences for the Trump team. Trump's deal-making skills will be put to the test as he tries to assure Erdogan that weapons won't fall into the wrong hands.

Evaluating LA bid for 2024 Olympics requires imagination
The Olympic spirit in both cities is strong. "We also wanted to look as closely as possible at the Athletes Village plans", he added.

Warriors, Spurs series filled with familiar story lines
The Warriors are a different animal, something that Popovich might have never dealt with, unless it was an All-Star Game. The Starters' panelists all think that the Warriors will win Game 1 of the third round in the 2017 NBA Playoffs .

Surfer worked from bedroom to beat cyberattack
His mother Janet, a nurse, could not be prouder, and was happy to have the anonymity lifted. His social media accounts are peppered with tweets about surfing and photos of the waves.

Man holding human head stabs store clerk; mother found dead
Once inside the store, Webb stabbed an employee, Michael Wagner, who was flown to a hospital, according to Sandy Police. Police believe the stabbing is tied to the murder of a woman found dead in a home in the nearby town of Colton .

U.S. refusal to lift sanctions erodes Rouhani's bid for second term
Khoshcheshm said that Rouhani was expected to have "a hard job" in the upcoming election. Qalibaf's dropping out may serve to get him more votes in his challenge to Rouhani.

Cyber-security experts bracing themselves for new ransomware attacks
Businesses are on high alert this morning following fears a massive computer virus could spread to Ireland. All internet users are being warned to avoid clicking links or attachments on unknown emails.

First lady: Barron to attend private Episcopal school in MD
Andrew's was founded in 1978 and only has about 580 students from pre-K through 12th grade, the Washington Post reports. It has a median class size of 15 and a 7:1 student to teacher ratio, according to information on the school's website .

'Sword stands ready,' Pence warns North Korea
But the meetings could indicate how forcefully the US will pressure Japan to further open its farm and automotive sectors. He said the country should have been dealt with by President Obama and "previous presidents all the way back to Clinton".

Callista Gingrich To Be Named Vatican Ambassador
The couple reportedly had an affair while the speaker was still married to his second of three wives, Marianne Gingrich . A nomination of Callista Gingrich could come this week, pending approval from the Office of Government Ethics.

Rory McIlroy says tests show no new injury to his back
Rahm enters the weekend 4-under par and in the mix, five shots out of the lead held by Louis Oosthuizen and Kyle Stanley. The player spent nearly five hours hitting balls on the range that day. "I felt a bit of stiffness on Sunday", he said.

Katy Perry books December 10 concert date at Quicken Loans Arena
Early Monday, Perry confirmed that her new album is indeed titled Witness and also revealed tour dates through early 2018. Expect a similar performance when Perry returns to the venue on December 10 in support of her forthcoming album, Witness .

Monaco routs Lille 4-0 to effectively seal French title
Lyon clinched a fourth-placed finish and the last Europa League spot thanks to their 3-1 win at Montpelier . "We are only thinking about Wednesday's game".

Kylie Jenner Debuts Second 'Life of Kylie' Trailer
The footage will be new for Kim and Khloe, since they don't spend as much time with Kylie as they do with each other. Life of Kylie premieres on Thursday, July 6 for a six-episode run on E!.

Other news