WASHINGTON—The United States will not send high-level officials to attend China’s second “One Belt, One Road” summit in Beijing this month, a U.S. State Department spokesman said on April 2, citing concerns about financing practices for the initiative.
China’s top diplomat, Yang Jiechi, said on Saturday that almost 40 foreign leaders would take part in the summit due to be held in Beijing in late April.
The first summit for “One Belt, One Road” (OBOR, also known as Belt and Road), which envisions rebuilding the old Silk Road to connect China with Asia, Europe and beyond with massive infrastructure spending, was held in 2017 and attended by Matt Pottinger, the senior White House official for Asia.
There are no such plans this year.
“We will not send high-level officials from the United States,” U.S. State Department spokesman Robert Palladino said in answer to a question from Reuters.
“We will continue to raise concerns about opaque financing practices, poor governance, and disregard for internationally accepted norms and standards, which undermine many of the standards and principles that we rely upon to promote sustainable, inclusive development, and to maintain stability and a rules-based order.
“We have repeatedly called on China to address these concerns,” Palladino added.
A person familiar with the matter said Washington was considering sending a lower-level staffer from the U.S. embassy to observe and take notes on the conference but not to participate, though a final decision has not yet been made.
Chinese leader Xi Jinping’s OBOR initiative has proven controversial in many Western capitals, particularly Washington, which views it as a means to spread Chinese influence abroad and saddle countries with unsustainable debt through non-transparent projects.
Some of China’s closest allies have confirmed they will attend the summit on Saturday, including Russian President Vladimir Putin, Pakistani Prime Minister Imran Khan, Philippines President Rodrigo Duterte and Cambodian Prime Minister Hun Sen.
The world’s two biggest economies have levied tariffs on hundreds of billions of dollars’ worth of bilateral trade since July 2018.
White House economic adviser Larry Kudlow on Tuesday said the countries “expect to make more headway” in trade talks this week, while the top U.S. business lobbying group said differences over an enforcement mechanism and the removal of U.S. tariffs were still obstacles to a deal.
