China ready to speed up talks with Asean over South China Sea

BEIJING – China is ready to work with Malaysia and other South-east Asian nations to speed up consultation for a South China Sea code of conduct, Xinhua reported, citing Premier Li Qiang. 

Beijing is prepared to collaborate to jointly maintain peace and stability in the area, Mr Li was cited as saying during a meeting with

visiting Malaysian Prime Minister Anwar Ibrahim

on Saturday.

“Asia is our common home and win-win cooperation is the only right choice,” Mr Li was quoted as saying by Xinhua. 

China and Asean have been working for nearly 20 years to establish a code of conduct covering the disputed body of water. 

China asserts rights to more than 80 per cent of the South China Sea based on a 1947 map showing vague markings that have since become known as the “nine-dash line”.

Tensions have been rising

between the Asian giant and other claimants to the area – the Philippines, Malaysia, Taiwan, Indonesia, Vietnam and Brunei – as Beijing builds out disputed reefs, islands and land formations and militarises them with ports, runways and other infrastructure.

In February, China hit back at the United States for

expanding military access in the Philippines,

saying Washington was trying to “encircle and contain” it.

Mr Li also said, according to Xinhua, that China is ready to work with Malaysia and other South-east Asian countries to actively advance negotiations on the Asean-China Free Trade Area, as well as to jointly implement the Regional Comprehensive Economic Partnership and promote building the East Asia economic community. 

Meanwhile, Mr Anwar said both Mr Li and Chinese President Xi Jinping have agreed to

boost trade relations

with Malaysia under the Belt and Road Initiative, including expediting the East Coast Rail Link project, Bernama reported. 
BLOOMBERG