DPG China Monitor
China Monitor
Authors Ambassador Biren Nanda
, Sanket Joshi
Date: December 01, 2024
The monitor features developments related to China during the month and is compiled by our research team of Amb. Biren Nanda, Senior Fellow, and Sanket Joshi, Research Associate, from open-source reports and publications.
On November 7, 2024, the Indian Army confirmed that as per the consensus reached between India and China on October 21, 2024, the disengagement of troops at Depsang and Demchok in eastern Ladakh had been completed. The two sides have resumed patrolling without obstructions or objections from either side.
Meanwhile, continuing the high-level engagements between India and China, India's External Affairs Minister, Dr. S. Jaishankar, and the Director of China's Central Commission for Foreign Affairs, Wang Yi, met on the sidelines of the G20 Summit in Rio de Janeiro on November 18, 2024. They acknowledged that disengagement had contributed to peace and tranquility on the border and discussed the next steps in bilateral relations, including a meeting of the Special Representatives and the Foreign Secretary-Vice Minister mechanism.
Further, India’s Defence Minister Rajnath Singh and Chinese Defence Minister Dong Jun met on the sidelines of the 11th ASEAN Defence Ministers’ Meeting-Plus in Laos on November 20, 2024. The two leaders agreed to work together towards a roadmap for rebuilding mutual trust and understanding.
President Xi congratulated Donald Trump on his election as President of the United States on November 7, 2024. Xi stated, “history teaches that China and the US gain from cooperation and lose from confrontation”, urging both sides to uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation. However, most analysts believe that the US-China relationship is in a “more challenging place” following Donald Trump's election victory.
Chinese President Xi Jinping and US President Joe Biden met on the margins of the 31st APEC Economic Leaders' Meeting in Lima, Peru, on November 16, 2024. In his remarks, Xi reiterated the need for the US to develop a correct strategic perception of China, match words with actions, treat each other as equals, refrain from challenging China's red lines (Taiwan, democracy and human rights, political system, and development rights), and share global responsibilities for peace.
President Xi addressed the 19th G20 Summit in Rio de Janeiro on November 18, 2024. He urged member states to channel more resources to facilitate the modernisation of developing countries, avoid the “small yard high fences” approach (sanctions and decoupling), and improve global governance to promote a multipolar world and inclusive economic globalisation.
President Xi also addressed the 31st Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC) in Lima, Peru, on November 16, 2024. He reiterated concerns about rising “unilateralism and protectionism” and urged Asia-Pacific countries to deepen their cooperation, fully deliver on Putrajaya Vision 2040, and create a community with a shared future in the region.
Before the APEC Leaders' Meeting, President Xi joined Peru’s President Dina Boluarte in inaugurating Chancay port on November 14, a flagship project under China’s Belt and Road Initiative (BRI) that is reportedly the first ‘smart port’ in South America.
On November 8, 2024, China approved a CNY 10 trillion (USD 1.4 trillion) plan to refinance local governments' debts to boost the country's flagging economy.
To read this China Monitor, Vol. VII, Issue 11, please see the PDF attached.
On November 7, 2024, the Indian Army confirmed that as per the consensus reached between India and China on October 21, 2024, the disengagement of troops at Depsang and Demchok in eastern Ladakh had been completed. The two sides have resumed patrolling without obstructions or objections from either side.
Meanwhile, continuing the high-level engagements between India and China, India's External Affairs Minister, Dr. S. Jaishankar, and the Director of China's Central Commission for Foreign Affairs, Wang Yi, met on the sidelines of the G20 Summit in Rio de Janeiro on November 18, 2024. They acknowledged that disengagement had contributed to peace and tranquility on the border and discussed the next steps in bilateral relations, including a meeting of the Special Representatives and the Foreign Secretary-Vice Minister mechanism.
Further, India’s Defence Minister Rajnath Singh and Chinese Defence Minister Dong Jun met on the sidelines of the 11th ASEAN Defence Ministers’ Meeting-Plus in Laos on November 20, 2024. The two leaders agreed to work together towards a roadmap for rebuilding mutual trust and understanding.
President Xi congratulated Donald Trump on his election as President of the United States on November 7, 2024. Xi stated, “history teaches that China and the US gain from cooperation and lose from confrontation”, urging both sides to uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation. However, most analysts believe that the US-China relationship is in a “more challenging place” following Donald Trump's election victory.
Chinese President Xi Jinping and US President Joe Biden met on the margins of the 31st APEC Economic Leaders' Meeting in Lima, Peru, on November 16, 2024. In his remarks, Xi reiterated the need for the US to develop a correct strategic perception of China, match words with actions, treat each other as equals, refrain from challenging China's red lines (Taiwan, democracy and human rights, political system, and development rights), and share global responsibilities for peace.
President Xi addressed the 19th G20 Summit in Rio de Janeiro on November 18, 2024. He urged member states to channel more resources to facilitate the modernisation of developing countries, avoid the “small yard high fences” approach (sanctions and decoupling), and improve global governance to promote a multipolar world and inclusive economic globalisation.
President Xi also addressed the 31st Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation (APEC) in Lima, Peru, on November 16, 2024. He reiterated concerns about rising “unilateralism and protectionism” and urged Asia-Pacific countries to deepen their cooperation, fully deliver on Putrajaya Vision 2040, and create a community with a shared future in the region.
Before the APEC Leaders' Meeting, President Xi joined Peru’s President Dina Boluarte in inaugurating Chancay port on November 14, a flagship project under China’s Belt and Road Initiative (BRI) that is reportedly the first ‘smart port’ in South America.
On November 8, 2024, China approved a CNY 10 trillion (USD 1.4 trillion) plan to refinance local governments' debts to boost the country's flagging economy.
To read this China Monitor, Vol. VII, Issue 11, please see the PDF attached.
