Foreign Ministry Spokesperson Hua Chunying's Regular Press Conference on November 3, 2016
2016/11/03

Q: China and Australia have agreed to swap intelligence on money laundering and other financial transgressions to combat transnational money laundering and terrorism financing activities. Reports say the agreement which will help Beijing in its anti-corruption drive also sends a chill through the global casino industry. Can you give us more details?

A: On November 1, China's Anti-Money Laundering Monitoring and Analysis Center (CAMLMAC) and its Australian counterpart the Australian Transaction Reports and Analysis Centre signed a memorandum of understanding (MoU) in Beijing to share financial intelligence and collaborate in tackling money laundering and terrorism financing. In accordance with the MoU, the two sides will cooperate in intelligence gathering, analysis and joint investigation on money laundering, terrorism financing and other related crimes based on reciprocity. Deputy Governor Guo Qingping of the People's Bank of China and Australian Justice Minister Michael Keenan witnessed the signing of the agreement. The MoU is the 41st cooperation document signed by the CAMLMAC and its foreign counterparts.

Q: The Russian State Duma's Anti-Corruption and Security Committee expressed its support for the ratification of the agreement on cooperation with China against terrorism, separatism and extremism. What is your response to that?

A: The international community is faced with a grave and complex situation in the field of counter-terrorism. The Chinese side maintains that international cooperation should be strengthened to tackle the threat of terrorism and safeguard security of all countries and regions.

China and Russia are comprehensive strategic partners of coordination who think alike and cooperate closely on the issue of counter-terrorism. We are ready to enhance policy coordination, exchanges and cooperation with all the other countries including Russia in the fight against terrorism and jointly maintain peace and stability of the region and beyond.

Q: The US Commerce Secretary criticized China for its policy in the semi-conductor industry, saying that the US would not allow China to interfere with the market with its government policy. What is your comment on that?

A: I'd point you to the competent authorities for an answer to the question.

It is China's long-standing view that countries should work jointly to further liberalize and facilitate trade and investment, combat protectionism and create a fair and transparent environment for cooperation in trade and investment.

Q: Japanese Prime Minister Shinzo Abe told Myanmar's State Counsellor Daw Aung San Suu Kyi after their talks in Japan that Japan will contribute 800 billion yen over the next five years to aid Myanmar. According to the Kyodo news agency, sources from the Japanese Foreign Ministry said that Abe wants to contain China with a stronger Japan-Myanmar relationship and weaken China's economic and political influence in Southeast Asia. What is your response?

A: As a friendly neighbor, the Chinese side supports Myanmar in conducting normal exchanges and cooperation with other countries around the world. It is hoped that the international community will bring real benefits and offer genuine assistance to Myanmar for its long-term stability and development.

China never directs its normal diplomatic relations with others against any third party. It is hoped that the relevant country will be as open, inclusive and aboveboard when developing relations with other countries.

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