Author: BingDing69

CHina should stop attend any ASEAN related meeting or forum     [Copy link] 中文

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Post time 2013-8-11 10:12:06 |Display all floors
This post was edited by abramicus at 2013-8-11 10:16

China should stop supporting the Japanese economy by voluntarily withholding from a competitive devaluation with the Yen, as the devalued Yen, combined with the overvalued Yuan, is sucking out billions of dollars from the Chinese foreign currency reserve, which supports the Japanese industries that are currently building new aircraft carriers for Japan.  

The Yuan must be devalued immediately to 7.00 if China is to stop Japan from invading China.  

This foreign exchange rate policy of overvaluing the Yuan is strangling the manufacturing sector of China by making its products overpriced in dollars, euros and yens abroad, and overpriced in yuans at home, while giving free dollars by the billions to Japanese investors in China to repatriate back to Japan.

The argument that an overvalued yuan prevents inflation in China because exporters would be able to convert their dollar earnings into fewer yuans is a fallacy.  Because, inflation in China is not due to export dollars being converted into yuans.  It is due to overpricing of its own products at home, denominated in yuans, whenever the yuan becomes more valuable than the dollar/euro/yen currencies.  Chinese manufacturers automatically, without wanting to, do price their products higher relative to foreign imports due to the abnormal exchange rate, not the other way around, please!  

Stop strangling the goose that laid the golden eggs of China's trade surplus.  Take the yuan down to 7.00 or be blamed in history as the ones who destroyed China's economy from within.  This got to be reversed as soon as possible.

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Post time 2013-8-15 12:27:09 |Display all floors
ASEAN presses for unity on South China Sea

BANGKOK, Thailand - Southeast Asian nations on Wednesday vowed unity in pressing China to accept a binding code of conduct for handling disputes in the South China Sea, the Thai foreign ministry said.

Competing claims to the sea have for decades stirred tension in the region and the waterway, which is believed to sit atop vast deposits of oil and natural gas, has long been seen as one of Asia's potential military flashpoints.

Foreign ministers from the 10-member Association of Southeast Asian Nations agreed "to speak in one voice" while seeking an "early conclusion of a code of conduct", a foreign ministry spokesman told AFP, without giving a timeframe.

The ministers, who held a two-day informal meeting in Thailand's Hua Hin resort town, will meet Chinese officials in Beijing at the end of the month.

"ASEAN will have to speak with one voice and be unified. This does not mean speaking against anyone... ASEAN is united so it's easy to discuss and talk with it," the spokesman added.

"The code of conduct should have the objective of enhancing confidence between ASEAN and China... and preventing any untoward incidents from taking place in the South China Sea."

ASEAN has been trying for more than a decade to secure agreement from China on a legally binding code of conduct.

China claims nearly all of the sea, even waters approaching the coasts of neighbouring countries. It has resisted agreeing to the code, wary of giving any concessions that may weaken its claim.

A regional security forum in June saw ASEAN bridge internal divisions over the code.

Last year Cambodia, a staunch ally of China and ASEAN's chair at the time, had refused to endorse a Philippine push for a tougher line with Beijing on the issue.

On Wednesday Cambodia's deputy prime minister agreed to the unified ASEAN position on the code, the Thai spokesman said after the two-day discussions ended.

ASEAN members the Philippines, Vietnam, Brunei and Malaysia, as well as Taiwan, also claim parts of the sea.

China has refused to upgrade a 2002 "declaration of conduct" into a legally binding code, instead preferring to negotiate individually with each country.

The Philippines and Vietnam have in recent years accused it of increasingly aggressive actions to exert claims to the sea.

Chinese government vessels seized the Scarborough Shoal, a South China Sea outcrop just 230 kilometres (140 miles) east of the main Philippine island of Luzon, last year.

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Post time 2013-8-15 12:27:58 |Display all floors


DISPUTED. This territory west of the Philippines is claimed by six countries

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Post time 2013-8-15 12:40:08 |Display all floors

Asean agrees on South China Sea

    Published: 14 Aug 2013 at 15.36
    Online news:

HUA HIN - Southeast Asian foreign ministers on Wednesday agreed to a code of conduct for the South China Sea, where territorial disputes have raised tensions with Beijing.

Of the 10 nations in the Association of Southeast Asian Nations, only Cambodian Foreign Minister Hor Namhong failed to attend the meeting in Hua Hin.

The Hua Hin meeting was an informal "brain-storming" session in preparation for two meetings in China that will focus on agreeing to a Code of Conduct (COC) to manage territorial disputes in the South China Sea.

"We reinforced the common Asean position on our expectation that the COC be a rules-based regime to promote confidence, to avoid incidents and to address incidents should they occur," Indonesian Foreign Minister Marty Natalegawa said.

"We are all set to go to Beijing."

Asean will raise the issue at a foreign ministers' meeting between Asean and China planned in Beijing on Aug 28-30 to commemorate their 10th anniversary of a "strategic partnership".

"We want to see an early conclusion on the COC, the earlier the better," permanent secretary for foreign affairs Sihasak Phuangketkeow said.

Beijing has agreed to another special meeting of senior officials from Asean and China to begin formal talks on the COC in Suzhou, near Shanghai, tentatively set for Sept 14-15, Mr Sihasak said.

China, which had previously refused to discuss a COC with its Asean partners, agreed to begin formal talks on the sensitive issue at an Asean meeting in Brunei in July.

Since 2009, China's sovereignty claims in the area have sparked several confrontations with rival claimants such as the Philippines and Vietnam.

Asean members Brunei, Malaysia, the Philippines and Vietnam have territorial disputes with China.

China has in the past insisted on handling South China Sea disputes bilaterally, a stance that is not expected to change even if it eventually agrees to a COC.

The issue is one of the few trouble spots in the otherwise smooth diplomatic ties between China and Asean.

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Post time 2013-8-15 12:40:46 |Display all floors


Asean foreign ministers pose for a group photograph during the Asean foreign ministers meeting in Hua Hin on Wednesday.

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Post time 2013-8-15 12:58:37 |Display all floors
Asean to push for maritime conduct code

Yangon, Myanmar—The incoming chairman of the Association of Southeast Asian Nations said on Wednesday that it would rally the bloc into crafting a binding Code of Conduct that would govern maritime disputes in the South China Sea.

But at the same time, presidential spokesman and deputy information minister Ye Htut underscored the need to strike a balance between advancing the Asean-CoC and maintaining friendly ties with neighboring superpower China.

“We will try to push for the CoC. We want to see an agreement within our chairmanship,” Htut said in an interview.

“But it takes both sides to tango. Asean is our friend and China is our friend,” he added.

But ahead of its chairmanship of the Asean and the crafting of the COC, Myanmar said it would confront allegations of human rights abuses in the country.

President Thein Sein vowed to tackle allegations of human rights, but added that he would keep the issue of the Rohingya Muslim refugees out of the agenda.

But according to Eva Kusuma Sundari, president of the Asean Inter-Parliamentary Myanmar Caucus, the junta-led government cannot hide behind the bloc’s policy of non-intervention to skirt the issue of violence against minority Muslims.

“Myanmar cannot hide behind the non-intervention principle as the Rohingya has affected other members of the region, especially Malaysia and Indonesia,” Sundari said.

Htut had said that the 2014 chairmanship (of the Asean) will be an opportunity to showcase the democratic reforms in Myanmar.

“Even though Myanmar is a member of Asean, we are still considered the black sheep of the region. We want to reclaim our rightful place in Asean,” Htut said.

Recently,  China has agreed to consultations with the regional bloc amid concerns of militarization in disputed areas.

After years of rejecting efforts to start talks for a binding CoC, Beijing has agreed to host talks between senior Asean officials in September.

Beijing, however, continues to intrude into Philippine territory, with the deployment of Chinese vessels have been deployed in Panatag Shoal near Zambales and in Ayungin Reef in Palawan, which are both within the country’s 200 nautical mile exclusive economic zone.

The Chinese presence in both the Panatag and Ayungin has already deprived hundreds of Filipino fishermen of their livelihood.

Foreign Affairs Secretary Albert del Rosario earlier vowed that the Philippines would “exert efforts towards the early conclusion of a binding Code of Conduct.”

Manila has adopted a policy of not engaging the Chinese intruders amid a pending arbitration case before the United Nations Convention on the Law of the Sea.

China has refused to acknowledge both the diplomatic protests filed by the Philippines and the UNCLOS case which prompted the Philippines to ask the tribunal to issue a decision that would, among others:

• declare China’s rights in regard to maritime areas in the South China Sea, like the rights of the Philippines, are those that are established by UNCLOS, including rights to an exclusive economic zone and extended continental shelf;

• declare China’s maritime claims in the South China Sea based on its so-called nine-dash line are contrary to UNCLOS and invalid;

• require China to bring its domestic legislation into conformity with its obligations under UNCLOS; and

• require that China desist from activities that violate the rights of the Philippines in its maritime domain in the West Philippine Sea.

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Post time 2013-8-15 13:00:18 |Display all floors
Multilateral approach NOT bilateral as preferred by China

The Philippines obviously won this match !

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