China's foreign minister Wang Yi hopes the US will adopt China policies based on peaceful coexistence, according to Chinese state media
China's Foreign Minister Wang Yi has urged the United States to adopt policies based on peaceful coexistence, according to Chinese state media. This appeal comes amidst escalating trade tensions between the two global powers. Wang Yi's statement follows a meeting with U.S. Secretary of State Marco Rubio at the East Asia Summit in Kuala Lumpur on Friday.
The meeting between Wang Yi and Rubio took place against a backdrop of rising global tensions, particularly in trade relations. The U.S. has been intensifying its trade policies, with recent announcements of steep tariffs on several Asian countries and U.S. allies. China has warned the U.S. against re-imposing substantial tariffs on its goods next month and has threatened retaliatory measures against countries that cut China out of their supply chains [2].
Wang Yi emphasized the need for the U.S. to work with China in the same direction, adhering to principles of mutual respect, peaceful coexistence, and win-win cooperation. He called for the effective use of the China-US economic and trade consultation mechanism while continuing to strengthen dialogue and communication. The Chinese Foreign Minister also stressed the importance of implementing the consensus reached between the two heads of state during their recent phone talks to promote stable, healthy, and sustainable economic and trade relations [1].
The U.S. Secretary of State, Marco Rubio, has been focusing on the Indo-Pacific region as part of a broader effort to shift U.S. attention away from conflicts in the Middle East and Europe. However, his visit has been overshadowed by the recent announcement of significant U.S. tariffs on several Asian countries and U.S. allies. Analysts believe that Rubio will use this visit to emphasize that the U.S. remains a more reliable partner than China, its primary strategic rival [3].
The meeting between Wang Yi and Rubio comes at a crucial time in global trade relations. The U.S.'s trade tensions with China have led to significant shifts in global trade patterns, with China's exports to the U.S. plunging over 43% year-over-year in May. The U.S.'s tariff escalations risk alienating its allies, potentially weakening its position in the ongoing trade disputes [2].
References:
[1] https://www.chinadailyasia.com/article/615660
[2] https://www.nationthailand.com/news/world/40052425
[3] https://www.benzinga.com/news/politics/25/07/46362002/marco-rubio-holds-talks-with-chinas-wang-yi-at-east-asia-summit-amid-escalating-us-china-trade-tensions
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