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CUSEF Express - May 20, 2022

2022-05-20
Daily highlights of developments that affect China and the U.S.
Daily highlights of developments that affect China and the U.S.

Xi opposes bloc confrontation at BRICS ministerial meeting

  • A day before U.S. President Joe Biden’s trip to Asia, Chinese President Xi Jinping made an opening remark (En/Ch) at a virtual meeting of foreign ministers from Brazil, Russia, India, China, and South Africa. Xi called for building “a global community of security for all” (人类安全共同体) and stronger political trust among developing countries.

  • Appearing to address the U.S., President Xi warned that “seeking one's own security at the expense of others' will only create new tensions and risks.” He then asked the countries to “oppose hegemonism and power politics” (反对霸权主义和强权政治) and “reject Cold War mentality and bloc confrontation” (抵制冷战思维和集团对抗).

  • The languages align with China’s long-time ideology on international relations. What is worth noticing is that while such languages once served as a defense of China’s rise, it has been increasingly used by the Chinese leaders to challenge the U.S. alliance diplomacy since President Biden took office.

Canada to ban Huawei, ZTE

  • On Thursday, Ottawa announced to prohibit products and services by Chinese tech firms Huawei and ZTE from Canada’s 5G network, citing the concern that the companies could “be compelled to comply with extrajudicial directions from foreign governments.”

  • South Korean government also signaled to reduce its trade dependence on China. According to an anonymous presidential aide, the country is seeking to “diversify imports” and establish “supply chain alliances.” One-fourth of South Korea’s total trade was made with China last year, compared with 15% of that with the U.S., South Korea’s second-largest trade partner.

North Korea threatens nuclear test

  • With Biden traveling to Asia, intelligence from Seoul and Washington said North Korea is preparing for a long-range missile test, a nuclear test, or both in the coming days.

U.S. expands aid for Ukraine

  • U.S. President Biden announced a $100 million military assistance for Ukraine on Thursday, soon after the Senate approved a $40 billion emergency aid package for the country. The newly passed legislation, which is ready for Biden to sign into law, would also allow the president to direct up to $11 billion in military transfer to a foreign country or international organization every fiscal year, a substantial increase from the current limit of $100 million.
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