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China and Europe should not fight trade wars, Chinese foreign minister says
Reuters • • world
Key Points:
- Chinese Foreign Minister Wang Yi emphasized to his German counterpart that China and Europe, as comprehensive strategic partners, should avoid trade wars and focus on mutually beneficial cooperation.
- Wang urged Germany to adopt a rational and pragmatic approach within the EU, promoting free trade and opposing protectionism amid concerns over trade imbalances and currency valuation.
- Both China and Germany agreed on the importance of a stable global economy and fair trade relations based on equal rules, according to Germany's foreign ministry.
- The ministers also discussed geopolitical issues including Iran, Ukraine, and Taiwan, with China calling on Germany to support peace and stability in the Taiwan Strait.
- Taiwan's foreign minister made a rare, previously undisclosed visit to Germany in June, highlighting ongoing tensions as Taiwan rejects Beijing's sovereignty claims.
