​​​
  1. Narendra Modi’s WEF 2018 speech in Davos wins rare Chinese welcome; here’s what Beijing said about India PM

Narendra Modi’s WEF 2018 speech in Davos wins rare Chinese welcome; here’s what Beijing said about India PM

Prime Minister Narendra Modi's speech in at World Economic Forum 2018 in Davos has been praised by China. Beijing has welcomed Modi's speech where he drew a parallel between terrorism and protectionism.

By: | New Delhi | Published: January 24, 2018 5:39 PM
Narendra Modi davos speech praised by china Davos: Prime Minister Narendra Modi emplanes for India after attending the World Economic Forum Summit, in Davos on Wednesday. PTI Photo

Prime Minister Narendra Modi’s speech in at World Economic Forum 2018 in Davos has been praised by China. Beijing has welcomed Modi’s speech where he drew a parallel between terrorism and protectionism, saying both were equally dangerous. In the historic first speech by an Indian PM at Davos, Modi had said protectionism was “as dangerous as terrorism”. The prime minister also evinced interest in increasing cooperation with India to strengthen evinced interest in enhancing cooperation with India to make the globalisation process stronger. Modi had said that many countries of the world are becoming “inward-focused” and globalisation is shrinking. These tendencies are no lesser risk that “terrorism or climate change”.

Chinese foreign ministry spokesperson Hua Chunying today welcomed Modi’s take on protectionism during a media briefing. “I noticed that Prime Minister Modi made some remarks on protectionism and his remarks showed that globalisation is the trend of the times and serves the interests of all the countries including developing countries and the fight against protectionism and promoting globalisation,” Chinese foreign ministry spokesperson Hua Chunying was quoted as saying by PTI. Hua further said China would like to work with India and other countries to strengthen globalisation process for the benefit of all countries.

Hua’s comment on Modi’s speech came after Chinese official media had given prominence to Modi’s speech in which he said protectionism “as dangerous as terrorism”. Global Times even carried the photo of Modi’s address to WEF 2008.

Hua stated: “China and India share a lot of common interests. China would like to enhance coordination and cooperation with all countries including India to steer the economic globalisation towards benefiting world economic growth and well-being of all countries.”

“We look forward to working with India to enhance our communication and our mutual trust, properly handle our differences and ensure sound and steady development of our bilateral ties. I believe this is the aspiration of the people of our countries,” she said.

In his speech, Modi had talked about three biggest threat facing the world today – terrorism, climate change and the growing trend of shrinking globalisation.

On terrorism, Modi said, “I say with full conviction that terrorism is bad in all its forms and facets. It is bad irrespective of its territory of origin or target of the operation. We all must unite in the fight against terrorism. India stands firmly with all such forces. I must also take the opportunity to appeal to all of you to see that such groups do not get money, arms and ammunition. It cannot be a good business to do business with such elements. We all know that, without peace, progress and prosperity are not possible.”

About the second challenge, Modi said, “We also believe that man only has the right to milk it; not to destroy it. That is why, through Paris Agreement, we have assured the global community that our development process would be entirely in line with our cultural ethos towards environmental safeguards. In fact, we are not only aware of our responsibilities towards climate change; we are willing to take lead in mitigating its effects.”

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top