Beijing, Aug 19: China on Friday concurred with External Affairs Minister S Jaishankar's observation that an Asian Century cannot happen if India and China don't join hands and emphasised that the two neighbouring countries have "far more common interests than differences."
Responding to a series of questions after delivering a lecture on 'India's Vision of the Indo-Pacific' at the prestigious Chulalongkorn University in Bangkok on Thursday, Jaishankar said the relationship between India and China was going through an "extremely difficult phase" after what Beijing had done at the border and emphasised that the Asian Century would not happen if the two neighbours could not join hands.
The troops of China and India are engaged in a prolonged standoff in eastern Ladakh. The two sides have so far held 16 rounds of Corps Commander Level talks to resolve the standoff which erupted on May 5, 2020, following a violent clash in the Pangong Lake areas.
India has been consistently maintaining that peace and tranquillity along the Line of Actual Control (LAC) were key for the overall development of bilateral ties.
Asked for his reaction to Jaishankar's comments, Chinese Foreign Ministry spokesman Wang Wenbin told a media briefing here that "as a Chinese leader put it, "Unless China and India are developed, there will be no Asian Century. No genuine Asia-Pacific Century or Asian Century can come until China, India and other neighbouring countries are developed."
"China and India are two ancient civilisations, two major emerging economies and two neighbouring countries, we have far more common interests than differences. Both sides have the wisdom and capability to help each other succeed instead of undercutting each other," he said.
To a question on whether China will hold talks with India on the disengagement at the remaining friction points in eastern Ladakh, Wang said, "China and India maintain smooth communication over the boundary question. And our dialogue is effective."
He expressed the hope that India will work with China to act upon the important common understandings between the leaders of the two countries, i.e. "China and India are not each other's threats, but cooperation partners and development opportunities, bring China-India relations back to the track of steady and sound development at an early date and safeguard the common interests of China, India and our fellow developing countries," Wang said.
Commenting on Jaishankar's Asian Century remarks, Qian Feng, director of the research department at the National Strategy Institute at Tsinghua University here, told the state-run Global Times newspaper that the expression "Asian Century" has served as a driving force for China and India to normalise and strengthen their relations since 1988, and India's External Affairs Minister's use of the term in stressing the need for a friendly bilateral relationship is worth praising.
The expression "Asian Century" was first used by former Chinese leader Deng Xiaoping. In 1988, when he met with then Indian prime minister Rajiv Gandhi, he pointed out that unless the two countries [China and India] are developed, there will be no Asian Century, Qian said.
Meanwhile, on Jaishankar's remarks on reservations to the Quad alliance, apparently from China, the foreign ministry spokesman reiterated China's objection to the four-nation bloc comprising India, the US, Japan and Australia.
"Our position on Quad is consistent and clear. I would like to reiterate that in today's world, building exclusive groups is against the trend of the times and will not get any support or get anywhere," he said.
In an apparent reference to China's opposition to Quad, Jaishankar, without naming any country, had said that "if there are reservations in any quarter, these stem from a desire to exercise a veto on the choices of others. And possibly a unilateralist opposition to a collective and cooperative endeavours".
The Quad or Quadrilateral Security Dialogue was set up in 2017 amidst China's aggressive behaviour in the strategic Indo-Pacific region.
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New Delhi (PTI): Karnataka Chief Minister Siddaramaiah on Friday met Prime Minister Narendra Modi, requesting rectification in short term farm loan limit, Rs 10,000 cr in financial support and urgent clearances for the Mekedatu Balancing Reservoir and Kalasa Bandhuri projects.
In the meeting in Parliament complex, Siddarmaiah pressed for several key interventions focusing on critical areas, including agriculture, water resources and urban infrastructure.
Deputy Chief Minister and Irrigation Minister D K Shivakumar, Energy Minister K J George and Urban Development Minister Byrathi Suresh accompanied the CM for the meeting.
The chief minister highlighted that NABARD has drastically cut the Short Term Agricultural Credit Limit for Karnataka from Rs 5,600 crore in 2023-24 to just Rs 2,340 crore in 2024-25, a 58 per cent reduction that could severely impact farmers' access to soft loans.
"I request you to look into this and direct the Finance Ministry to rectify this situation so that farmers in Karnataka continue to receive soft agricultural loans," Siddarmaiah said in a representation made to the PM.
He requested Rs 5,300 crore for the Upper Bhadra Project, which promises to irrigate central Karnataka's drought-prone farmlands. The project has been pending since the 2023-24 Union Budget.
He also pushed for clearances of two critical water projects - the Mekedatu Balancing Reservoir on the Kaveri river and the Kalasa Bandhuri project on the Mahadayi river -- both awaiting approvals from the Jal Shakti and Environment Ministries.
Highlighting Bengaluru's status as a tech hub and top GDP contributor, the state requested special assistance for urban and public transportation.
Additionally, Karnataka sought Rs 10,000 cr to develop infrastructure in 13 emerging city corporations.
On fiscal allocation, the CM complained of receiving an unfavourable deal from the 15th Finance Commission, which reduced its tax share by 1 per cent.
Siddaramaiah urged the government to provide compensation grants and ensure future finance commissions do not penalise states with significant tax contributions.
The Karnataka chief minister also met Congress leader Priyanka Gandhi Vadra and congratulated her on being elected as an MP from Wayanad.