A screen shows Chinese President Xi Jinping delivering a keynote address at the opening ceremony of the Boao Forum for Asia via video link at a media center in Boao, Hainan Province, China, April 21, 2022. REUTERS / Kevin Yao
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BOAO, China, April 21 (Reuters) – Chinese President Xi Jinping reiterated China’s opposition to unilateral sanctions and “long-term jurisdiction” in a speech Thursday, without directly mentioning Western sanctions against Russia for invading Ukraine.
China has repeatedly criticized Western sanctions, including against Russia, but has also been careful not to provide assistance to Moscow, which could lead to sanctions against Beijing.
Speaking at a video speech at Boao’s annual forum on Asia in the southern Chinese island of Hainan, Xi warned that economic “disengagement” and pressure tactics such as supply chain disruptions would not work.
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“China would like to propose a global security initiative that supports the ‘principle of security indivisibility,'” Xi said.
“We must uphold the principle of security indivisibility, build a balanced, effective and sustainable security architecture and oppose building national security on the basis of insecurity in other countries.
Russia has urged Western governments to abide by a 1999 agreement based on the principle of “indivisible security”, according to which no country can strengthen its own security at the expense of others. Read more
China and Russia are getting closer, and China refuses to condemn Russia’s invasion of Ukraine, which Moscow calls a “special operation.” China has blamed Ukraine’s crisis on NATO enlargement to the east.
He told himself that efforts were needed to stabilize global supply chains, but also said that China’s economy was stable and that its long-term trend had not changed.
China’s economy is facing headwinds from the impact of its aggressive efforts to halt the spread of COVID-19, especially in the Shanghai Economic Center. He did not mention the COVID crisis in China during his speech.
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Report by Kevin Yao Writing by Tony Munro and Yu Lun Tian; Edited by Sri Navaratnam, Bernard Orr and Simon Cameron-Moore
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