Xi steals the limelight at APEC, showcasing China’s regional clout

Even as host Thailand passes the APEC baton to its successor the United States, Chinese President Xi Jinping has been busy using the Asia-Pacific Economic Cooperation forum to highlight China’s growing clout and push back against U.S. influence in the region.

Having secured an unprecedented third term as leader at the Chinese Communist Party’s Congress last month, Xi embarked on his first major foreign tour since the pandemic struck nearly three years ago – to the Group of 20 Summit in Bali, then the APEC Summit in Bangkok that ended Saturday.

The APEC summit was the third and final gathering of world leaders in Asia in the space of nine days. With U.S. President Joe Biden and his Russian counterpart Vladimir Putin both absent from APEC, the Chinese president virtually had the stage to himself. 

During his tour, Xi has for the most part struck a conciliatory tone during his encounters with other heads of states – including U.S. president. The Biden-Xi meeting on the sidelines of the G-20 went some way to tamping down months of rising U.S.-China tensions.

“President Xi certainly wants to be a major player,” said Ja Ian Chong, a political scientist at the National University of Singapore, noting the Chinese leader’s confidence in having unscripted interactions with other leaders – like when he chastised Canadian Prime Minister Justin Trudeau over alleged leaks of diplomatic conversations at the G-20.

While in the Thai capital, Xi met with a host of regional leaders including key U.S. allies. He held bilateral talks with Japanese Prime Minister Fumio Kishida, Singaporean Premier Lee Hsien Loong and Philippine President Ferdinand Romualdez Marcos Jr. on a wide range of issues including economic cooperation and security. 

Xi also met with Thai Prime Minister Prayuth Chan-o-cha — although their initial photo op went viral on social media for the wrong reasons because of the appearance that Xi had snubbed Prayuth’s offer of a handshake.

Chinese leadership

Gao Zhikai, vice president of the Beijing-based Center for China and Globalization, said Xi’s attendance at APEC accentuated China’s growing leadership role in stark contrast with the U.S.’s “diminishing relevance.”

Biden did in fact attend the G-20 Summit in Bali, Indonesia, and the Association of Southeast Asian Nations summit in Cambodia that preceded it – a meeting Xi skipped – in an effort to signal U.S. commitment to the region. 

But when it came to APEC, which focuses on economic cooperation – an area of Asia policy in which Washington is generally perceived as trailing China – Biden had returned home for a family event.

“The fact that Biden is not at the meeting shows that the U.S. doesn’t care much about APEC,” Gao told RFA.

“Of course, the whole world is aware that his granddaughter is getting married,” said the academic who served as a translator for late Chinese leader Deng Xiaoping and sometimes acts as de-facto media spokesman for the Chinese Communist Party.

“But if there was interest, the U.S. would know how to show it,” he added.

‘Proud Pacific power’

That’s obviously not the narrative conveyed by Washington, which now takes over the rotating chair of the 21-member APEC bloc, which was set up in 1989 to promote free trade. 

U.S. Vice President Kamala Harris, who was in Bangkok in Biden’s place, told the summit that her country is “a proud Pacific power” and that “the United States is here to stay.”

Harris had a brief meeting with Xi in which she urged the Chinese leadership to “maintain open lines of communication to responsibly manage the competition between our countries.”

2022-11-19T075758Z_1738994130_RC2VOX9QVRFQ_RTRMADP_3_APEC-SUMMIT-RETREAT.JPG

On the theme of economic cooperation, Harris said the Indo-Pacific serves as the market for almost 30 percent of American exports and U.S. companies invest $1 trillion a year in the region.

She vowed that the U.S. “will uphold the rules of the road” and “will help build prosperity for everyone.”

Her statement clearly struck a chord with some participating nations which want to avoid being caught up in big-power competition between China and the United States.

Vietnamese President Nguyen Xuan Phuc said his country supports “all regional and multilateral cooperation frameworks which are based on international principles and regulations.”

Harris appeared to draw a contrast between the U.S. initiative and China’s Belt and Road Initiative that has invested large sums of money in infrastructure across the world, but which critics say can leave recipient countries in heavy debt to Beijing.

Xi said that China is considering holding the third Belt and Road Forum for International Cooperation in 2023.

Reinvigorating APEC

Gao contended that Harris’ main purpose at APEC was actually to promote the U.S.-led Indo-Pacific Economic Framework. 

The Biden administration launched the IPEF in May as the center of its economic strategy for the region, and the U.S. vice president said the grouping now represents some 40 per cent of the global gross domestic product and is “dedicated to equitable growth and high environmental and labor standards.”

It does not include either Russia or China.

Gao said he suspects “the U.S. is hollowing out APEC for the benefit of IPEF,” which he described as an “artificial, ill-designed” grouping.

“But APEC will remain APEC, a natural, coherent forum of cooperation for all countries in the region,” he said.

Ja Ian Chong at the National University of Singapore said China has been talking up the emptiness of IPEF and also suggesting the provocative nature of the U.S. for a while now.”

“That, I suppose, suggests a degree of competitiveness with which Beijing views Washington,” he said.

The political scientist said that Xi Jinping’s articulation of policy from the 20th party Congress “seems robust, with repeated emphasis on struggle”, suggesting that Xi’s diplomacy may carry some real toughness behind the seemingly conciliatory tone.

Thitinan Pongsudhirak, director of the Institute of Security and International Studies at the Chulalongkorn University in Thailand, told RFA that in his opinion, APEC is still relevant and effective, even if just for the APEC travel card that allows business executives to benefit from easier immigration clearance within the grouping.

“The APEC host’s theme of resilience, sustainability and inclusiveness are part and parcel of the climate agenda and post-COVID recovery.”

“It’s meant to cultivate collective action on both climate and sustainability as well as overcoming the pandemic,” the political analyst said.

Coliving Startup Cohabs Joins Forces With Leading Real Estate Investors to Accelerate Growth

With the ambition to reach 5.000 bedrooms across 11 cities by the end of 2026, Cohabs looks to initiate the next step in expansion through increased institutional support.

Dining room

Dining room

BRUSSELS, Nov. 18, 2022 (GLOBE NEWSWIRE) — Cohabs, a Brussels-based company specializing in coliving, announces the entry into its capital of three new institutional investors: global real estate investor Ivanhoé Cambridge, Belfius Insurance, and the real estate arm of the Belgian Sovereign Fund (SFPIM – Real Estate). All the founders and historical shareholders AG Real Estate and Alphastone remain on board to fuel the growth of the company.

Founded in 2016 by four Belgian entrepreneurs — Youri Dauber, François Samyn, Malik Dauber, and Lionel Jadot — Cohabs is a fully integrated coliving platform that both owns and operates its real estate assets. They provide a unique shared housing experience through fully furnished, premium accommodations. The 50-person company has a current portfolio of 1.550 bedrooms across five cities (Brussels, Paris, New York, Madrid, and Luxembourg), with the majority of its team and assets based in Brussels.

Driven by a community-first approach, Cohabs prioritizes the experience of its members through a tech-centric and flexible process. The company is committed to limiting its impact on the environment by focusing on a global, sustainable approach. From a social standpoint, Cohabs is committed to maintaining 5% of the Belgium portfolio as solidarity bedrooms with 50% reduced rent to ensure coliving is accessible for all.

With the ambition to reach 5.000 bedrooms across 11 cities by the end of 2026, Cohabs looks to initiate the next step in expansion through increased institutional support.

This equity investment will allow investors to assist Cohabs in terms of structuring, financing, and operational growth due to their extensive resources and experience in developing high-quality real estate around the world. This will significantly strengthen Cohabs’ capital structure and increase its capacity to position itself as a major player with a focus on a sustainable coliving experience that always puts its members first.

With that in mind, this step forward is not just a win for one organization, but a major step forward for the institutionalization of the coliving industry.

Cohabs was advised on this transaction by Natixis Partners & Tandem Capital Advisors.

From the very first meeting with Ivanhoé Cambridge, it was clear we were a good fit. They immediately understood our vision of coliving and shared our fundamental values. They have the experience, resources, and drive to help us reach the next level. Combine this dynamic with the belief and support from our historical Belgian investors and our ambition has all the fuel necessary for us to accomplish our goals. Our mission will remain the same: be the most qualitative, sustainable, and member-centric coliving company in the world.

Youri Dauber, Founder & CEO of Cohabs.

Cohabs offers everything we are looking for in terms of an innovative concept in an alternative asset class, which aligns with a strong and growing trend in the living sector, and we are confident the company will grow further internationally. This operation is another demonstration of Ivanhoé Cambridge’s ability to successfully close complex private equity deals, and to diversify its portfolio with alternative asset classes.

Arnaud Malbos, Head of Investments Europe for Ivanhoé Cambridge. 

We are delighted with this important step in the life of Cohabs, which we have supported with conviction since its inception. Flexibility, agility, service and quality in addition to a strong local Belgian base: these are all assets that have undoubtedly attracted Ivanhoé Cambridge. As a top-tier financial and strategic partner, AG Real Estate is convinced that such a pool of investors can only ensure the growth and sustainability of Cohabs! Congratulations to the teams for this new milestone in their history.

Amand-Benoît D’Hondt, Chief Alternative Investments & Sustainability Officer at AG Real Estate.

Contact Information:
Seonaid​ Strachan (Headland)
sstrachan@headlandconsultancy.com
+44 (0)78 2655 0796

Roxane Decraemer
roxane.decraemer@agrealestate.eu
+32 2 609 67 37

Melanie Keegan
Content Manager
melanie@cohabs.com

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GUINNESS WORLD RECORDS™ TITLE SET BY JETEX

The world’s favourite private aviation brand achieves a Guinness World Records™ title in celebration of football’s greatest show on Earth.

Dubai, United Arab Emirates, Nov. 18, 2022 (GLOBE NEWSWIRE) — Jetex, an award-winning global leader in executive aviation, sets a new Guinness World Records™ title at its private terminal in Dubai, where it unveiled the world’s largest fiberglass sculpture of a sphere (supported) which resembles a giant football.

The flagship Jetex VIP Terminal is buzzing with fans from all over the globe who use match day private jet shuttle service between Dubai and Doha. Seen from afar, the iconic 10-meter-high football structure welcomes international travelers as they drive up to the terminal.

“Together with fans from all over the world, we share the excitement and thrill of football. Over the past months, we witnessed tremendous demand for private jet travel between Dubai and Doha, which prompted us to go above and beyond to ensure that all fans enjoy a spectacular football-themed travel experience, which starts well in advance of the actual game,” said Adel Mardini, Founder & CEO of Jetex.

 Jetex VIP Terminal also houses the world’s most fascinating pop-up football field right in the heart of the terminal, where all travelers can practice their skills and create unique memories with their families and friends. Customer experience has also been adjusted with football fans in mind, with Jetex brand ambassadors wearing distinctive football uniforms and surprising travelers with football-inspired souvenirs.

The record was validated by Guinness World Records officials at Jetex VIP Terminal, Dubai.

The giant football installation will remain at Jetex VIP Terminal until late December. After that, it will be either presented to one of the local football clubs or sustainably recycled.

About Jetex:

An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit www.jetex.com and follow us on Instagram, Twitter, Facebook, and LinkedIn.

Press Enquiries:
Oleg Kafarov
Director of Portfolio Development & Corporate Communications
T: +971 4 212 4900   Email: teamorange@jetex.com

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Jetex
+971 4 212 4900
teamorange@jetex.com

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China uses carrots and sticks to boost Uyghur-Han intermarriage-report

China mixes financial, education and career incentives with coercive measures such as threats to families under state policies to promote intermarriage between majority Han Chinese and ethnic minority Uyghurs in the restive Xinjiang region, a new report by a Uyghur rights group has found.

The Uyghur Human Rights Project analyzed Chinese state media, policy documents, government sanctioned marriage testimonials, as well as accounts from women in the Uyghur diaspora, that government incentivizes and coercion to boost interethnic marriages has increased since 2014.

“The Chinese Party-State is actively involved in carrying out a campaign of forcefully assimilating Uyghurs into Han Chinese society by means of mixed marriages,” said the report.

The findings on forced marriage by Washington, DC-based NGO come as Western governments and the United Nations have recognized that Chinese policies in Xinjiang amount to or may amount to genocide or crimes against humanity. Forced labor, incarceration camps and other aspects of China’s rule in Xinjiang have drawn sanctions from Britain, Canada, the European Union and the United States.

The study, “Forced Marriage of Uyghur Women: State Policies for Interethnic Marriage in East Turkistan,” draws on state media propaganda films, state-approved online accounts of interethnic marriages and weddings, state-approved personal online testimonials from individuals in interethnic marriages, as well as government statements and policy directives.

“The Party-State has actively encouraged and incentivized ‘interethnic’ Uyghur-Han intermarriage since at least May 2014,” the Uyghur Human Rights Project says in the report, released on Nov. 16.

Interethnic marriage policies gained momentum after Chinese President Xi Jinping announced a “new era” at the Xinjiang Work Forum in 2014, touting a policy of strengthening interethnic “contact, exchange, and mingling,” the report said.

“Uyghur-Han intermarriage has been increasing over the past several years since the Chinese state has been actively promoting intermarriage,” said Nuzigum Setiwaldi a co-author of the report.

“The Chinese government always talks about how interethnic marriages promote ‘ethnic unity’ and ‘social stability,’ but these actually are euphemisms for assimilation,” she told RFA Uyghur.

“The Chinese government is incentivizing and promoting intermarriage as a way to assimilate Uyghurs into Han society and culture.

Carrots include cash payments, help with housing, medical care, government jobs, and tuition waivers.

When it comes to sticks, “young Uyghur women and/or their parents face an ever-present threat of punishment if the women decline to marry a Han ‘suitor,’” the report said, citing experiences of Uyghur women now living in exile.

“Videos and testimonies have also raised concerns that Uyghur women are being pressured and forced into marrying Han men,” said Setiwaldi.

The report cites an informal marriage guide for male Han party officials published in 2019, titled “How to Win the Heart of a Uyghur Girl.”

Han men who want to marry Uyghur women are told that the woman they love “must love the Motherland, love the Party, and she must have unrivaled passion for socialist Xinjiang,” it said.

Commenting on the report, scholar Adrian Zenz said the Chinese Communist Party’s “policy of incentivizing Han and coercing Uyghurs into interethnic marriages is part of a strategy of breaking down and dismantling Uyghur culture.”

Zenz, a senior fellow in China Studies at the Victims of Communism Memorial Foundation in Washington, D.C., was the first outside expert to document the network of mass internment camp for Uyghurs launched in Xinjiang in 2017 and he has analyzed China’s Uyghur population policies.

The intermarriage strategy serves the goal of “optimizing the ethnic population structure, breaking the ‘dominance’ of concentrated Uyghur populations in southern Xinjiang as part of a slowly unfolding genocidal policy,” he told RFA.

“It’s important that people pay attention to the different forms of human rights abuses that are taking place in the Uyghur region, particularly those that are underreported, like forced marriages,” said Setiwaldi. 

“People can raise awareness and push their governments to hold the Chinese government accountable.”

China had no immediate comment on the report.

Last month, a Chinese Foreign Ministry statement dismissed U.S. efforts to debate the U.N. report, saying, “the human rights of people of all ethnic backgrounds in Xinjiang are protected like never before” and “the ultimate motive of the U.S. and some other Western countries behind their Xinjiang narrative is to contain China.”

Written by Paul Eckert for RFA.