Current:Home > FinanceChina’s Xi visits Vietnam weeks after it strengthened ties with the US and Japan -Horizon Finance Path
China’s Xi visits Vietnam weeks after it strengthened ties with the US and Japan
View
Date:2025-04-24 13:40:08
BANGKOK (AP) — Chinese leader Xi Jinping arrived in Vietnam on Tuesday seeking to further deepen ties with the Southeast Asian nation, weeks after it elevated its diplomatic relations with Western-aligned countries.
In his first visit since 2017, Xi will meet with Communist Party General Secretary Nguyen Phu Trong, President Vo Van Thuong and Prime Minister Pham Minh Chinh, Vietnam’s Foreign Ministry said.
“This reflects Beijing’s concerns about Hanoi’s advances with the West,” said Nguyen Khac Giang, a visiting fellow with the ISEAS–Yusof Ishak Institute in Singapore. “Concerns that Vietnam may join an anti-China alliance and gang up against China.”
The Chinese leader received a red carpet welcome as Chinh greeted him on the tarmac. Dozens of Chinese and Vietnamese nationals gathered at the airport, waving Chinese and Vietnamese flags to welcome Xi and his wife, Peng Liyuan, who accompanied him on the visit.
Xi’s visit marks 15 years of China being a “comprehensive strategic partner” of Vietnam, the highest official designation for a diplomatic relationship.
Vietnam plays an increasingly important strategic role in security and the economy in Southeast Asia.
Ideologically, Vietnam is closer to Beijing. It is run by a Communist Party with strong ties to China. But in recent months, Vietnam has signaled closer ties with Western countries.
In September, U.S. President Joe Biden visited Vietnam to mark the U.S. being elevated to the same diplomatic status as China. Biden asserted that the stronger ties were not about countering China, though U.S. diplomacy across Asia and the Pacific has been focused on improving defense ties with countries to do just that.
In November, Japan and Vietnam boosted their economic and security ties, citing a “free and open Indo-Pacific,” with Japan being given the same diplomatic status as China and the U.S.. Japan has been rapidly developing closer ties with Vietnam and is its third-largest foreign investor.
Experts say Vietnam is hedging against its large neighbor and its geographical claims.
“You can see that they’re flexible and balancing big powers,” said Nguyen Thanh Trung, a professor of Vietnamese studies at Fulbright University Vietnam.
Vietnam is one of several countries to clash with China in the disputed South China Sea, particularly on two archipelagos, the Spratlys and the Paracel Islands. It has faced off with China’s coast guard in the past in the disputed waters. Vietnam usually does not publicize the confrontations.
In October, Xi told the Vietnamese president that amid “changing international landscapes” the two nations should continue to develop their “traditional friendship.”
The two spoke after attending China’s Belt and Road Forum. Vietnam is likely to sign some infrastructure agreements with Beijing, as it has paid close attention to the development of the Chinese-built high-speed rail in Laos, completed in 2021.
“The Vietnamese prime minister wants to focus on more infrastructure,” said Nguyen, the professor. “He thinks it’s key to economic growth.”
China has been Vietnam’s largest trading partner for several years, with a bilateral trade turnover of $175.6 billion in 2022. Imports from China, including crucial inputs for Vietnam’s manufacturing sector, make up 67%, according to Vietnam customs data cited by Vietnamese state media.
However, the trade is at a deficit in China’s favor.
China has over $26 billion invested in Vietnam, with more than 4,000 active projects.
Xi’s 2017 visit to Vietnam was for an Asia-Pacific economic summit in the coastal city of Danang.
___
AP writer Aniruddha Ghosal in Hanoi, Vietnam contributed to this report.
veryGood! (17)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- 2 detainees, including one held on murder charges, have broken out of a county jail in Arkansas
- Oscar nominations are Tuesday morning. Expect a big day for ‘Oppenheimer,’ ‘Barbie’
- Mexican popstar Gloria Trevi reflects on career, prison time, new tour: 'It wasn't easy'
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Oilers sign Corey Perry less than two months after Blackhawks terminated his contract
- Trinidad government inquiry into divers’ deaths suggests manslaughter charges against company
- Almost 80 years after the Holocaust, 245,000 Jewish survivors are still alive
- In ‘Nickel Boys,’ striving for a new way to see
- Seoul police chief indicted over 2022 Halloween crush that killed more than 150 people
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Dexter Scott King, younger son of Martin Luther King Jr., dies at 62
- New study finds that multivitamins could help slow cognitive decline associated with aging
- Dave Eggers wins Newbery, Vashti Harrison wins Caldecott in 2024 kids' lit prizes
- Trump issues order to ban transgender troops from serving openly in the military
- Burton Wilde: FinTech & AI Turbo Tells You When to Place Heavy Bets in Investments.
- Burton Wilde : Three Pieces of Advice and Eight Considerations for Stock Investments.
- In Washington state, pharmacists are poised to start prescribing abortion drugs
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
After stalling in 2023, a bill to define antisemitism in state law is advancing in Georgia
Burton Wilde: Detailed Introduction of Lane Wealth Club
2024 NFL draft order: Top 28 first-round selections set after divisional playoffs
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Illinois authorities say they are looking for a man after ‘multiple’ shootings in Chicago suburbs
What to know for WWE Royal Rumble 2024: Date, time, how to watch, match card and more
New Hampshire investigating fake Biden robocall meant to discourage voters ahead of primary