China - Southeast Asia

Chronology from Apr 2005 to Jul 2005

: Thailand Prime Minister Thaksin Shinawatra makes an official visit to China.

: The second power transmission channel from Yunnan Province in Southwestern China to Vietnam is put into operation officially.

: China’s state-run CITIC Resources Holdings Ltd. announces plans to buy control of Thai Petrochemical Industry, operator of Asia’s largest petrochemical complex, for $900 million, and aims to double its capacity to tap the lucrative refining and chemical business.

: Finance Minister Jusuf Anwar discloses that China has pledged an additional soft loan of $200 million to finance three infrastructure projects in Indonesia.

: Singapore FM Yeo says it is in Singapore’s and ASEAN’s interests to have all the big powers, like the U.S., China, and Japan, engaged in the region.

: China and ASEAN hold 19th meeting in Beijing, recognizing that the tariffs reduction plan will start at the beginning of July.

: Statistics compiled by Financial Supervisory Commission under the Executive Yuan show Vietnam has emerged as a hot market for Taiwan’s finance industry.

: 10th round of negotiations to discuss maritime issues between Vietnam and China begins in Beijing.

: Chinese Defense Minister Cao Gangchuan meets Thai Army Commander-in-Chief Prawit Wongsuwon and exchange views on relations between the two countries and their armed forces.

: Han Qide, vice chairman of the Standing Committee of the NPC, meets a delegation from the Philippine House of Representatives.

: Chinese Ministry of Public Security hosts a week-long workshop for more than 30 senior officers from ASEAN.

:   Zhang Shaogang, an official of the Ministry of Commerce, says China and ASEAN have agreed to reduce duties on more than 7,000 kinds of products.

:   President Hu exchanges congratulations with President Macapagal-Arroyo on 30th anniversary of establishment of diplomatic relations between their two countries.

:   President Macapagal-Arroyo says Philippine trade with China exceeded $13 billion in 2004 and the future of their trade partnership looks even brighter.

:   Indonesian Coordinating Minister for the Economy Aburizal Bakrie says a group of Chinese investors have committed to investing up to $8.6 billion in Indonesia’s palm oil sector over the next five years.

:   China Culture Month is formally inaugurated in celebration of the 55th anniversary of the establishment of diplomatic relations between China and Myanmar.

: At a panel of the 15th Asian Corporate Conference, Thailand’s Minister of Commerce Thanong Bidaya says China’s fast economic growth will benefit ASEAN.

:   President Hu and Chairman of the Myanmar State Peace and Development Council Than Shwe exchange congratulatory messages on the 55th anniversary of the establishment of diplomatic ties between the two countries.

:   Singaporean authorities arrest suspended chief executive of China’s main jet fuel supplier and the president of its mainland parent company, Chen Jiulin, who is linked to risky oil trades that pushed the company to the brink of bankruptcy with losses of over half a billion U.S. dollars.

:   China and Myanmar hold first meeting of Joint Committee for Economic, Trade and Technical Cooperation (JCETTC) in Rangoon, to promote economic and trade relations and good neighborly ties.

:   Four senior officers from China’s Xiamen Airlines visit Brunei to conduct marketing research on the potential of Borneo as a tourist hub.

: During his keynote speech at the fourth Shangri-La Dialogue in Singapore, PM Lee Hsien Loong says China’s emergence as a major trading partner and a fast growing source of tourists and investments is the central reality in Asia.

:   Malaysian Prime Minister Abdullah Ahmad Badawi warns Japan and China must use diplomacy to quell heightened bilateral tensions or the region and the world will face “catastrophic” consequences.

: Vietnamese Ministry of Trade warns that Vietnam’s trade deficit with China could reach $2 billion this year, and is expected to continue increasing for the next five years.

: Wu Bangguo meets with Yang di-Pertuan Agong (Paramount Ruler) Tuanku Syed Sirajuddin of Malaysia and says China-Malaysia relations have reached maturity and entered a new period of all-round development.

: Malaysia signs deal with China’s biggest private automaker Geely Group to build cars in Malaysia, during a visit by Chinese lawmaker Wu Bangguo.

: Malaysia and China strengthen economic relations with the signing of four agreements involving private companies.

: During his speech titled “Deepening Good-Neighbourly Friendship in a Joint Effort for Asian Prosperity,” visiting Chinese legislator Wu Bangguo reaffirms China’s consistent stand for strengthening political dialogue, expanding economic cooperation, and enhancing security cooperation with other Asian countries.

: Philippine President Arroyo meets visiting PLA deputy chief, Xiong Guangkai, who is to attend the first dialogue on defense and security between China and the Philippines. Xiong says China has invited the Philippines to participate in multilateral maritime exercises focused primarily on maritime search and rescue operations

: Negotiators conclude details on customs procedures and reductions in import tariffs on 5,000 items under the ASEAN-China free trade area (FTA) agreement.

: Singapore and China announce a pact to strengthen economic ties. Under the China-Singapore Bilateral Investment Promotion Committee, officials will discuss policies and issues to boost commerce between their economies.

: At the China-Singapore Economic and Trade Cooperation Forum held in Singapore, NPC Chairman Wu says China aims to double its bilateral trade with Singapore to $50 billion in five years.

: Xu Caihou, vice chairman of the Chinese Central Military Commission, tells visiting Secretary of Cambodian Ministry of National Defense Hak Savuth that Chinese armed forces are ready to enhance close exchanges with the Cambodian army and their friendly cooperative ties.

: Supatra Thanaseniwat, deputy permanent secretary for agriculture, and director general of China’s Department for International Cooperation, sign a memorandum of understanding (MOU) which will see 67,479.75 tons of dried longans go to China in exchange for Type WMZ 551B rubber-wheeled armored vehicles.

: Wu Bangguo, chairman of the standing committee of China’s National People’s Congress (NPC), visits Singapore for a three-day official goodwill visit.

: Vietnam Foreign Ministry Spokesman Le Dzung confirms that the Vietnamese cargo ship that sunk off the coast of Shanghai was not fired upon by Chinese naval ships during their military drill.

:   China says it backs Surakiart Sathirathai of Thailand to succeed Kofi Annan as UN secretary general when Annan’s term ends next year.

:   Lao and Chinese People’s Supreme Courts hold seminar in Vientiane entitled “Governance of the State by the Law” with the aim of increasing cooperation.

:   Finance ministers from China, Japan, South Korea, and ASEAN agree to expand their bilateral currency swaps under the Chiang Mai Initiative to a more multilateral system.

:   Singaporean FM George Yeo says China’s economic explosion is transforming Asia’s political landscape, posing problems and opportunities for its neighbors and for the U.S.

:   Deputy FM Preecha Laohapongchana reveals Thailand will open at least four more consulates in China, and is accelerating the development of logistics operations with China in anticipation of the birth of the Chinese-ASEAN Free Trade Area in 2010.

: President Hu and President Macapagal-Arroyo discuss bilateral relations and regional and international issues. Hu predicts China-Philippine trade volume to reach $30 billion in five years, more than double the present level.

: Indonesian President SBY and Hu sign joint declaration on strategic cooperative partnership.

: Over 1,200 senior politicians, scholars, and business people attended the Annual Conference 2005 of Boao Forum for Asia (BFA) with the theme “Asia searching for a win-win deal: new role of Asia.”

: President Hu meets with Brunei’s Sultan Haji Hassanal Bolkiah and signs deals to boost cooperation.

: Chinese President Hu Jintao visits Brunei, Indonesia, and Philippines.

: Singapore Business Federation and Hong Kong General Chamber of Commerce sign memorandum of understanding to enhance bilateral economic ties.

: Philippine President Gloria Macapagal-Arroyo says Manila will continue to “aggressively seek” business partnerships with China at the Filipino-Chinese Chamber of Commerce.

: China and Vietnam hold first consultations on defensive security in Beijing.

: Philippines and Vietnam work with China on offshore resources dispute in the South China Sea.

: Six Asian nation leaders agree to establish Asian Parliament within five years at the senior advisory council of the Association of Asian Parliaments for Peace.

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