September 30, 2022
Chinese Vice Foreign Minister Le Yucheng delivers a speech at the 4th International Forum on Security and Strategy in Beijing, China, March 19, 2022. /China's Foreign Ministry

War Profiteers

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China says only arms dealers, bankers and oil tycoons to benefit from the Ukrainian war

We are on the right side of history China says

China’s Vice Foreign Minister Le Yucheng speaking at the Fourth International Forum on Security and Strategy in Beijing on Saturday warned against pushing Russia into a corner.

“History has proven time and again that sanctions cannot solve problems,” Le said. “The sanctions against Russia are getting more and more outrageous… Sanctions will only harm ordinary people, impact the economic and financial system… and worsen the global economy.”

The Chinese statement came a day after President Biden warned China about its relationship with Russia.

“Globalisation is good and should not be weaponised and military blocs politics rejected.” Le said. Marching in step with Moscow, Beijing agrees with the prevailing wisdom around the world that NATO’s aggressive expansion in the east was the root of the current crisis.

 “A simple commitment of no eastward expansion could have easily ended the crisis and stopped the sufferings.”

“Instead, one chose to fan the flames at a safe distance, watching its own arms dealers, bankers and oil tycoons make a fortune out of the war while leaving people of a small country with the wounds of war that would take years to heal,” he said.

“With the disintegration of the Soviet Union, NATO should have been consigned to history alongside the Warsaw Pact. However, rather than breaking up, NATO has kept strengthening and expanding. One could well anticipate the consequences going down this path. The crisis in Ukraine is a stern warning.”

He then called on nations in the Asia-Pacific region to work with China to cherish peace and not undermine regional tranquility; respect each other and not wantonly interfere in others’ internal affairs; promote unity and cooperation and not create division and confrontation; and pursue independence and self-strength and not let others decide future.

In reference to the Western alliance aggressive stance the Chinese vice foreign minister noted.

“Small countries should not be used as a pawn, some big countries do not want to get dragged into conflicts and bring harm to themselves, so they make empty promises to small countries, turn small countries into their cat’s paw and even use them to fight proxy wars.”

“A NATO commitment of no eastward expansion could have easily ended the crisis and stopped the sufferings. Instead, one chose to fan the flames at a safe distance, watching its own arms dealers, bankers and oil tycoons make a fortune out of the war while leaving people of a small country with the wounds of war that would take years to heal. This is highly immoral and irresponsible,” he noted.

In a similar vein the Chinese foreign minister Wang Yi in a press briefing Saturday said China’s position on the Ukraine issue is objective and fair, and time will prove that it is on the right side of history.

Source Xinhua

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