Xi pitches closer ties to Spanish king as Madrid courts Chinese investment

Xi pitches closer ties to Spanish king as Madrid courts Chinese investment
Spain’s King Felipe VI and Chinese President Xi Jinping walk during a welcome ceremony at the Great Hall of People in Beijing on Nov. 12, 2025. (Reuters)
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Xi pitches closer ties to Spanish king as Madrid courts Chinese investment

Xi pitches closer ties to Spanish king as Madrid courts Chinese investment
  • First state visit to China in 18 years by a Spanish monarch
  • Madrid aims to boost diplomatic ties across Asia-Pacific

BEIJING: China’s President Xi Jinping told Spain’s King Felipe on Wednesday that the world’s second-largest economy seeks to work with Madrid to boost the global influence of both nations, as the heads of state met in Beijing ahead of a signing ceremony.
Felipe is the first Spanish monarch in 18 years to make a state visit to China, as Madrid leads the European Union in courting Beijing and seeks to expand its diplomatic footprint across the Asia-Pacific region.
China, for its part, is eager to move past trade tension with the 27-strong bloc over its heavily subsidized electric vehicles industry, as US President Donald Trump’s tariffs weigh on exports.
China suggested resuming investment talks
Last week China proposed the resumption of investment talks frozen since 2021.
“The world needs more constructive forces dedicated to peace and development,” Xi told Felipe during their meeting in Beijing’s Great Hall of the People, flagging change and turbulence in the international situation.
“China stands ready to work hand in hand with Spain to build a comprehensive strategic partnership,” Xi added, saying such ties would be more strategically steady, more dynamic, and more influential globally.
State broadcaster CCTV said Xi and Felipe attended a document signing ceremony after the talks, but gave no details.
Madrid steps up economic engagement
Madrid has stepped up economic engagement with Beijing after the EU’s decision to impose tariffs on Chinese-made electric vehicles in June 2024.
It has sent Prime Minister Pedro Sanchez twice to promote Spain as an investment destination, particularly in automotives, green technologies and other emerging industries.
But as Europe’s largest exporter of pork products, Spain finds itself caught in the middle of tension between China and the European Commission, which handles the bloc’s trade policy, as the pork items face retaliatory tariffs of up to 62.4 percent.
As China’s top pork supplier, Spain sells it about $1.2 billion worth of meat cuts and byproducts each year, contributing roughly a fifth of its imports.
Path of subtle diplomacy
The king offers Madrid another path, that of the subtle diplomacy a constitutional monarch can wield, delivering messages that need not be pinned to the elected government when ties are strained or politically sensitive.
“The friendship between Spain and China undoubtedly benefits both peoples and is consistent with two countries with a long history and a global vocation,” Felipe told his host.
“A relationship of trust has been forged,” he added.
In April the United States likened Spain’s decision to pursue closer commercial ties with China to “cutting your own throat,” while the European Union, as a whole, remains concerned about trade imbalances and Beijing’s relationship with Russia.


Afghanistan economic recovery buckles as nine in 10 families go hungry or into debt, UNDP says

Afghanistan economic recovery buckles as nine in 10 families go hungry or into debt, UNDP says
Updated 6 sec ago

Afghanistan economic recovery buckles as nine in 10 families go hungry or into debt, UNDP says

Afghanistan economic recovery buckles as nine in 10 families go hungry or into debt, UNDP says

KARACHI: Afghanistan’s economic recovery is buckling as nine in 10 households are forced to skip meals, sell belongings or take on debt to survive, the United Nations said on Wednesday, warning that mass returns are exacerbating the country’s worst crisis since the Taliban returned to power.

A United Nations Development Programme report said nearly one in 10 overseas Afghans has been forced back home, with more than 4.5 million returnees since 2023, mainly from Iran and Pakistan, swelling the population by 10 percent. On top of that, earthquakes, floods and drought have destroyed 8,000 homes and strained public services “beyond their limits.”

Quakes, floods and hunger

A survey of more than 48,000 households found that more than half of Afghanistan’s returnees have skipped medical care to buy food and 45 percent rely on open springs or unprotected wells for water.

Nearly 90 percent of returning Afghan families are in debt, owing $373 to $900, up to five times the average monthly income of $100 and nearly half of annual per-capita gross domestic product, the UNDP said.

In areas with high numbers of returnees, one teacher serves 70 to 100 students, 30 percent of children work and joblessness among returnees reaches 95 percent. The average monthly income is 6,623 Afghanis ($99.76), while rents have tripled.

The UNDP warned that without urgent support to strengthen livelihoods and services in high-return areas, overlapping crises of poverty, exclusion and migration will deepen.

It said sustaining aid is critical as donor pledges have plunged since 2021, covering only a fraction of the $3.1 billion that the UN sought for Afghanistan this year.

The Taliban government appealed for international humanitarian assistance after a deadly quake struck eastern Afghanistan in September and it has formally protested Pakistan’s mass expulsion of Afghan nationals, saying it is “deeply concerned” about their treatment.

The Ministry of Refugees and Repatriation, the Ministry of Labor and Social Affairs and a government spokesperson did not immediately respond to requests for comment.

Women bear the brunt

Participation by women in Afghanistan’s labor force has fallen to 6 percent, one of the lowest globally, and restrictions on movement have made it nearly impossible for women who head households to access jobs, education or health care.

Kanni Wignaraja, UN assistant secretary-general and UNDP regional director for Asia and the Pacific, said, “In some provinces one in four households depend on women as the main breadwinner, so when women are prevented from working, families, communities, the country lose out.”

Households headed by women, accounting for as many as 26 percent of returnee families in some districts, face the highest risk of food insecurity and secondary displacement.

The UNDP urged Taliban authorities to allocate more resources and called on donors to lift restrictions on female aid staff.

“Cutting women out of frontline aid work means cutting off vital services for those who need them most,” Wignaraja said.