Displaying items by tag: Summit

North Korea fires missile as China holds Silk Road summit

  • Published in World

BEIJING, China — China opened on Sunday a summit to promote an ambitious global trade infrastructure project highlighting its growing leadership on globalization, but a North Korean missile test threatened to overshadow the event.

President Xi Jinping was preparing to host leaders from 29 nations for the two-day summit in Beijing when US and South Korean military officials confirmed that Pyongyang had launched a missile, whose characteristics were not immediately known.

Delegations from North Korea and the United States were expected at the forum, though not their leaders. Few Western heads of government made the trip.

The summit is showcasing Xi’s cherished One Belt, One Road initiative, a revival of the Silk Road that could cement China’s growing global clout on trade and geopolitics.

“This is indeed a gathering of great minds,” Xi said, addressing leaders including Russian President Vladimir Putin and Turkish counterpart Recep Tayyip Erdogan.

Xi hailed the initiative as “a project of the century” in a “world fraught with challenges”.

The Chinese-bankrolled project seeks to link the country with Africa, Asia and Europe through an enormous network of ports, railways, roads and industrial parks.

The initiative spans some 65 countries representing 60 percent of the world population and around a third of global gross domestic product. The China Development Bank has earmarked $890 billion for some 900 projects.

Xi did not address the North Korean missile launch at the start of the summit, but Beijing has warned its communist ally in recent months to avoid any new missile or nuclear tests.

North Korea relies heavily on trade with China for its economic survival, and US President Donald Trump has urged Xi to use that leverage to put pressure on Pyongyang.

Sunday’s missile launch “is absolutely an embarrassment to Beijing but it also shouldn’t be overstated”, Christopher Balding, economics professor at Peking University, told AFP.

“This will not overshadow (the summit) in an enormous way but it will absolutely continue to raise US frustrations with Beijing,” he said.

Balding said the US was “frustrated” that North Korea was also invited to the summit.

 

Respecting sovereignty

Xi focused his speech on his initiative, boasting that it represented a “road for peace” and a way to “forge partnerships of friendship rather than alliance”.

But he cautioned “all countries should respect each others’ sovereignty… and territorial integrity”.

Xi has defended globalization at a time when Trump has vowed to put “America First” when it comes to international trade and relations.

Europe, meanwhile, is mired in Britain’s looming EU exit. While the prime ministers of Spain, Greece and Italy accepted the summit invitation, German, British and French leaders stayed home.

Xi warned that “isolation results in backwardness”.

Belt and Road is seen as a practical solution to relieve China’s industrial overcapacity. But it could also serve Beijing’s geopolitical ambitions.

“In my view, Belt and Road is intended to create greater economic interdependence between China and its neighbors, which Beijing hopes will translate into increased political influence,” said Bonnie Glaser, director of the China Power Project at the Washington-based Center for Strategic and International Studies.

“Xi Jinping wants China to become the dominant regional power in an essentially Sino-centric order,” Glaser told AFP.

 

Indian concerns

Some Belt and Road projects are raising concerns in certain countries.

India has voiced displeasure at the China-Pakistan Economic Corridor, a Belt and Road project aimed at linking northwestern China to the Arabian Sea.

The route cuts through Gilgit and Baltistan in Pakistan-administered Kashmir, disputed territory that India claims is illegally occupied.

Human Rights Watch raised concerns on Saturday about the treatment of people along the new Silk Road route in Central Asian nations with poor track records in infrastructure projects.

The US-based organization said Chinese authorities have “heightened surveillance and repression to prevent potential unrest that could impede” Belt and Road plans in the western Xinjiang region.

 

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ASEAN Summit in Manila to tackle West PH Sea

MANILA – The upcoming Association of Southeast Asian Nations (ASEAN) Summit in Manila will tackle the West Philippine Sea (South China Sea) dispute among other issues, the Department of Foreign Affairs (DFA) said Wednesday, April 19.
In his first press conference, new DFA spokesman Robespierre Bolivar said: "The leaders will be discussing regional and global issues of concern. We expect that the South China Sea will be among the topics discussed, among others – North Korea, for instance, terrorism, countering violent terrorism."
Whether Philippine President Rodrigo Duterte "will be the only one initiating" the discussion on the sea dispute "remains to be seen," said Bolivar, a veteran diplomat who replaced now Ambassador-designate to Malaysia Charles Jose as DFA spokesman.
The 30th ASEAN Summit and Related Meetings will be held in Manila from April 26 to 29 this year.
Duterte will lead the summit as the Philippines this year chairs the 10-member regional grouping.
In relation to the sea dispute, one of the Philippines' main objectives is to lead ASEAN in crafting a framework code of conduct (COC) in the South China Sea.
The Philippines aims to finalize the framework COC by the middle of this year.
Bolivar explained that ASEAN has held two working group meetings on the framework COC – first in Bali, then in Siem Reap.
He said there will be no such "formal" working group discussions in Manila on the sidelines of the 30th ASEAN Summit.
Still, Bolivar said in a text message, "The progress on the discussions on the framework may be discussed if any of the leaders bring it up."
'The best of the Philippines'
In Wednesday's press conference, Bolivar also explained the significance of the upcoming ASEAN Summit.
"Ito 'yung pagkakataon natin na ipakita 'yung pinakamaganda tungkol sa bansa natin, to show the best of the Philippines," the DFA spokesman said. (This is our chance to show the most beautiful things about the Philippines.)
Bolivar also said that chairing ASEAN has an "income generation aspect" in towns, cities, and provinces because around 150 international meetings will be held across the Philippines.
"Minarapat ng national organizing council na ikalat 'yung mga meetings kung saan saang bahagi ng bansa para buong bansa, ma-showcase natin during our chairmanship," he said.
(The National Organizing Council found it best to spread the meetings in different parts of the country so that we can showcase the whole country during our chairmanship.)
During the Philippines' chairmanship, another major event will be the meeting of ASEAN foreign ministers with US Secretary of State Rex Tillerson in May.
Bolivar said Philippine Foreign Secretary Enrique Manalo will fly to Washington DC in May for the ASEAN-US Foreign Ministers' Meeting.
The DFA is eyeing a bilateral meeting between Manalo and Tillerson on the sidelines of the ASEAN-US Foreign Ministers' Meeting, Bolivar said.
The Philippines received the ASEAN chairmanship from Laos, the host of the ASEAN Summit in 2016.
Under the Philippines' chairmanship, ASEAN is also marking its 50th anniversary.– Rappler.com

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3AF hosts national conference focusing on Asian American consumers

  • Published in U.S.

Los Angeles, CA – Registration is now open for the Asian American Advertising Federation’s (3AF) Asian Marketing Summit, the largest national conference focusing on the importance of Asian American advertising, marketing and the Asian consumer. The 3AF Summit will be held in Los Angeles, California on June 1 and 2.
The 3AF Summit is a unique forum for industry leaders, content creators, media companies, corporate marketers and other partners to converge in an in-depth discussion of the Asian consumer opportunity. This year, industry experts will discuss the multiple dimensions of Asian American consumers from civic participation and entrepreneurship to building a successful case for diversity and inclusion and various approaches and channels to reaching this consumer. Speakers include executives from Buzzfeed, McDonald’s Corporation, Nielsen, Tufts University, the National Asian American Survey, Sparkle Insights, Selffii Intelligence, Inc. and others. Prior to the Summit, the 3AF will host the 3AF Asian Marketing Boot Camp, designed especially for those new to Asian marketing or those who want a refresher course on the critical basics. The 3AF Boot Camp will be held on May 31 from 1 p.m. to 5 p.m. and requires separate registration.
3AF President, Jay Kim, said, “Asian American is the fastest growing segment, yielding not only economic but also political power. At the same time, due to rising Asian economic powers and technology advances, lessons in Asian American marketing have implications in global marketing. Our Summit not only brings together experts in Asian marketing in the U.S., but also from Asia to share and create new ideas."
Sponsors of the 3AF 2017 Asian Marketing Summit include Nielsen, Comcast, CMPG, Saavn, Inquirer.net and others. To register for the 3AF Summit, visit the 3AF’s event website at: https://www.picatic.com/3AFSummit2017
The Asian American Advertising Federation (3AF) is a national trade organization comprised of Asian American advertising agencies, Asian market advertisers, Asian media companies and other industry specialists. Its mission is to grow the Asian American advertising and marketing industry, raise public awareness of the importance of the Asian American community and further professionalism in the industry. The 3AF’s Asian Marketing Summit is held annually. More information about the 3AF is available at www.3af.org.

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