China 'loves peace' says premier, despite regional disputes

Image
AFP London
Last Updated : Jun 18 2014 | 10:25 PM IST
China "naturally loves peace" but will take "resolute measures" to protect regional stability, Premier Li Keqiang said today, affirming a dual-track foreign policy of power and peace despite tensions with nations including Japan and Vietnam.
Li insisted that an urge for expansion was "not in the Chinese DNA" and that a "stable neighbouring environment" was necessary for China's continued economic development.
He was speaking in the City of London financial district on a three-day trip which aims to build trade ties and repair relations strained when British Prime Minister David Cameron met exiled Tibetan spiritual leader the Dalai Lama in 2012.
China is currently facing territorial disputes with Japan, Vietnam and the Philippines amid a hardline approach pursued by Li's administration.
"We want to have a stable external environment. The Chinese naturally love peace. Confucius taught us that we should not do to others what we don't want done to us... This has been imprinted on to the DNA of the nation," Li said in a speech to foreign policy experts, business leaders and politicians.
"Expansion is not in the Chinese DNA nor can we accept the logic that a strong country is bound to be hegemonic."
But he added that China would take action "to protect the stability of the region" where necessary.
"For those acts of provoking incidents and undermining peace, China will have to take resolute measures to stop them, to prevent the situation from getting out of control," he said.
"This is to protect the stability of the region."
In an address referencing famous Britons including World War II prime minister Winston Churchill and poet Percy Bysshe Shelley, Li also dismissed the possibility of a "hard landing" for the Chinese economy.
"This will not happen," he said, arguing that modernisation and urbanisation offered "huge potential" for growth fuelled by domestic demand.
The Chinese economy grew 7.7 per cent in 2013 -- the same level as 2012 but the slowest rate since 1999 -- and Li has set a minimum target of 7.5 per cent growth for this year.
A handful of pro-Tibetan protestors demonstrated outside during the speech alongside a larger pro-Chinese contingent.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 18 2014 | 10:25 PM IST

Next Story