1NEWS, Chinese President Xi Jinping reiterated his opposition to unilateral sanctions and ‘long-arm jurisdiction’ during a speech Thursday (21/4). However, he was not forthright about Western sanctions against Russia for its invasion of Ukraine.
China has repeatedly criticized Western sanctions, including sanctions against Russia. However, the country’s government is also careful not to back Russia, which could drag China into sanctions.
In a video speech at the annual meeting of the Boao Forum for Asia on the island of Hainan, Xi warned that economic segregation and pressure tactics such as cutting supply chains would not work.
“China wants to put forward a global security initiative that upholds the principle of indivisible security. We must uphold the principle of indivisible security, build a balanced, effective and sustainable security architecture, and oppose the development of national security on the basis of insecurity in other countries,” he pleaded.
Russia insists that Western governments should honor the 1999 agreement based on the principle of ‘indivisible security’. This means that no country can strengthen its own security at the expense of other countries.
China and Russia are getting closer. The Bamboo Curtain country also refused to condemn Russia’s invasion of Ukraine. They blame the Ukraine crisis on NATO’s eastward expansion.
According to Xi, efforts are needed to stabilize global supply chains. However, he believes that China’s economy is strong and the long-term trend will not change.
In fact, China’s economy has been affected by aggressive efforts to stem the spread of Covid-19, especially in its economic center, Shanghai. However, Xi did not mention China’s Covid-19 crisis in his speech.