During the Boao Forum for Asia, Zhao Leji, chairman of China’s National People’s Congress Standing Committee, underscored the necessity to move away from power politics towards economic cooperation to ensure peace. His remarks come amid the escalating conflict involving the US and Israel against Iran, which threatens broader regional stability in Asia. Zhao emphasized Asia’s collective experience with war and chaos, noting that this history underlines the importance of stability and development.
China's stance promotes negotiations over military confrontation, aligning with its broader strategic policy of conflict resolution to protect its own economic interests and maintain regional influence. By linking peace to economic growth, Zhao highlighted a model where diplomatic engagement and economic interdependence reduce the likelihood of armed conflict.
The Boao Forum, often dubbed the 'Asian Davos', serves as a prominent platform for Chinese diplomatic messaging, signaling Beijing’s desire to lead in regional security dialogues. The emphasis on economic development also reflects China's Belt and Road Initiative goals, which depend on sustained peace and cooperation.
Manufacturers and economic sectors across Asia stand to benefit from reduced geopolitical tensions, fostering increased trade and investment. Ultimately, China's approach seeks a stable environment conducive to long-term development, positioning itself as a key mediator in Asia’s security architecture amid persistent conflicts like the Iran crisis.
