Al-Qasabi: Growing global adoption of digitization transforms trade into more efficient and reliable    89-day long winter season starts officially in Saudi Arabia on Saturday    20,159 illegal residents arrested in a week    Riyadh Season 5 draws record number of over 12 million visitors    GACA report: 928 complaints filed by passengers against airlines in November    Death toll in attack on Christmas market in Magdeburg rises to 5, with more than 200 injured Saudi Arabia had warned Germany about suspect's threatening social media posts, source says    Ukraine launches drone attacks deep into Russia, hitting Kazan in Tatarstan    Cyclone Chido leaves devastation in Mayotte as death toll rises and aid struggles to reach survivors    US halts $10 million bounty on HTS leader as Syria enters new chapter    UN Internet Governance Forum in Riyadh billed the largest ever in terms of attendance    ImpaQ 2024 concludes with a huge turnout    Salmaneyyah: Regaining national urban identity    Fury vs. Usyk: Anticipation builds ahead of Riyadh's boxing showdown    Saudi Arabia to compete in 2025 and 2027 CONCACAF Gold Cup tournaments    Marianne Jean-Baptiste on Oscars buzz for playing 'difficult' woman    Al Shabab announces departure of coach Vítor Pereira    My kids saw my pain on set, says Angelina Jolie    Saudi Arabia defeats Trinidad and Tobago 3-1 in friendly match    Legendary Indian tabla player Zakir Hussain dies at 73    Eminem sets Riyadh ablaze with unforgettable debut at MDLBEAST Soundstorm    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



China's Xi gets red-carpet welcome in Serbia
Published in The Saudi Gazette on 08 - 05 - 2024

The red flags start at Belgrade's Nikola Tesla Airport and run all the way along the motorway into the center of Serbia's capital.
This is Serbia's way of showing that it is proud of its "ironclad friendship" with China – and welcoming Xi Jinping to Belgrade.
At the Western City Gate, more commonly known as the Genex Tower, one entire tower is draped in China's national colors.
Just for good measure, there is a billboard for Hisense, the Chinese home appliances manufacturer that opened a refrigerator factory in Valjevo, western Serbia, last year.
In some parts of Europe, the Chinese president's itinerary might have raised eyebrows. After all, it is not often that Serbia finds itself as part of a three-stop tour by an international leader of such stature.
But Serbia has been deepening its relationship with China in recent years, even as it continues with negotiations to join the European Union.
Xi is likely to use his trip to highlight his criticisms of Nato. His visit coincides with the 25th anniversary of the US airstrikes on China's embassy in Belgrade. And in an editorial for the Serbian newspaper, Politika, the president made it clear that feelings over that incident still run high.
"We should never forget," he wrote. "The Chinese people cherish peace, but we will never allow such tragic history to repeat itself."
That kind of rhetoric resonates in Serbia, where the vast majority of people oppose Nato membership. That is a key factor in why this stop on Xi's European tour makes perfect sense.
Commercial connections are also a factor. The two countries signed a free trade agreement last year, building on a "comprehensive strategic partnership" in 2016 – the year of Xi's previous visit to Serbia.
China now claims to be the largest source of foreign direct investment (FDI) in Serbia. Its ambassador, Li Ming, says that Hisense, along with mining company Zijin and tyre manufacturer Linglong, provide 20,000.
UN trade figures actually put China in fifth place on the foreign direct investment list, behind Germany, Italy, the US and Russia.
Nonetheless, the Chinese investments are eye-catching – and only likely to increase. Serbia has just taken delivery of its first Chinese electric high-speed trains. They will eventually run alongside Swiss-made rolling stock on the Belgrade-Budapest railway, which is being reconstructed with Chinese expertise and finance.
And that is just the start. Serbia's infrastructure minister, Goran Vesic, says Chinese partners will work on other infrastructure, including roads, bridges, tunnels and sewage. "There is really a lot of room for co-operation with Chinese companies," he told Serbia's national broadcaster, RTS.
No wonder Serbia's president, Aleksandar Vucic, is planning to personally serve the finest wines his country has to offer to his Chinese counterpart during a banquet in Xi's honor.
Noting that within five years Serbian wine will face no import tariffs in China, Vucic told China Central Television that Serbian wines were "not as expensive as [those] in France" and that he believed Xi was "going to like" his selections.
This was perhaps a gentle dig at Emmanuel Macron, who hosted Xi for the first stop on his European trip. The French president's offering was a bottle of Rémy Martin Louis XIII cognac, which would cost the best part of €5,000 in Belgrade.
A trip to the Pyrenees was also included in the charm offensive – to sweeten pleas by Macron and European Commission President Ursula von der Leyen for Xi to ensure more balanced trade with Europe and influence Russia's President Vladimir Putin to end the war in Ukraine.
After Belgrade, the next stop for China's president will be Budapest, where he will meet his strongest ally among the leaders of EU member states, Hungarian Prime Minister Viktor Orban.
Chinese investments are also a strong factor there – with a factory for electric car giant BYD among the projects that buttress Orban's resistance to the EU consensus on everything from migration to providing arms to Ukraine. — BBC


Clic here to read the story from its source.