Egypt to begin second phase of universal health insurance in Minya    Madrid trade talks focus on TikTok as US and China seek agreement    Egypt hosts 4th African Trade Ministers' Retreat to accelerate AfCFTA implementation    Egypt's Investment Minister, World Bank discuss strengthening partnership    El Hamra Port emerges as regional energy hub attracting foreign investment: Petroleum Minister    Power of Proximity: How Egyptian University Students Fall in Love with Their Schools Via Social Media Influencers    Egypt wins Aga Khan Award for Architecture for Esna revival project    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt's gold prices hold steady on Sep. 15th    EHA launches national telemedicine platform with support from Egyptian doctors abroad    Egypt's Foreign Minister, Pakistani counterpart meet in Doha    Egypt condemns terrorist attack in northwest Pakistan    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



China paper says foreign meddling in Syria risks global economy
Intervention in Syria could shock markets and derail the global economy, claims state mouthpiece, as China faces criticism for vetoing UN resolution calling for Assad to quit
Published in Ahram Online on 16 - 02 - 2012

Meddling in Syria by foreign powers risks stirring up a hornets' nest of bloodshed and instability in the Middle East which could shock markets and derail the weak global economy, China's top newspaper said on Thursday.
The commentary in the People's Daily, the mouthpiece of the ruling Communist Party, comes in the face of criticism from the West and many in the Arab world over China's and Russia's veto of a U.N. resolution calling for Syrian President Bashar al-Assad to quit over an 11-month-old crackdown.
China said it was simply trying to prevent more violence in Syria and has sent envoys to the region to explain its stance.
"The political ecology in the Middle East is extremely frail, a tangled mess of thousands of years of ethnic and religious conflict," the People's Daily said.
World powers must realise this and handle bloodshed in Syria and Middle East tensions with a sense of realism, the paper said, noting that the spread of conflict would be a "catastrophe" in a crucial phase of global economic recovery.
"The Middle East is the world's most important fuel depot. If gripped by chaos, oil prices would skyrocket, shocking the stock market, financial systems and economies," the paper said.
A weak political equilibrium in the region has emerged, but if broken, all manner of latent problems will emerge which no single superpower can control, the paper said.
The author used the pen name "Zhong Sheng", which can mean "voice of China" and is often used to give Beijing's position on foreign policy.
The People's Daily said Washington's aim was to establish a friendly government in Syria to counter the influence of its "old enemy" in the region, Iran.
"Once Syria sets up a pro-Western regime, Iran will loose important backing in the region," it wrote.
Chinese Premier Wen Jiabao vowed this week to work through the United Nations to seek an end to the strife, but a senior official traveling with Vice President Xi Jinping in Washington warned that missteps by the United Nations could worsen bloodshed.
Assad on Wednesday promised a referendum in two weeks on a new constitution leading to elections within 90 days, but made clear he was still intent on crushing the uprising with tanks and troops. Opposition figures spurned the referendum offer.


Clic here to read the story from its source.