China aims to restore commercial ties with the U.S. to a stable and mutually beneficial footing according to Beijing's commerce chief.
Commerce Minister Wang Wentao is urging the U.S. to act responsibly and avoid reigniting a tariff war, saying that forced decoupling is unrealistic and trade ties must return to “healthy and sustainable” growth.
Wentao made the comment on Friday, emphasizing the need for the U.S. to act in accordance with its global responsibilities.
At a press conference, Wang highlighted China's trade resilience and confirmed plans to boost both imports and exports in the next five years, with export policies defying global challenges to sustain growth.
Despite past tensions, Wang said the two sides remain critical trading partners and should manage their disputes through “equal dialogue and consultation.”
His remarks come just months after U.S. President Donald Trump imposed steep tariffs on Chinese goods, later easing them in a temporary truce reached in May.
With a 12 August deadline approaching to finalize a deal and prevent the reinstatement of Trump’s earlier tariffs, Wang urged for continued talks. He revealed that the current U.S. tariff burden on Chinese goods stands at 53.6%— a level he described as “still high.”
“There are no winners in a trade war. China doesn’t seek conflict, but it will not back down from defending its interests,” Wang said.
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China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
China’s Foreign Minister Wang Yi has held talks with his Russian counterpart Sergei Lavrov following recent military strikes carried out by the United States and Israel on targets in Iran, as tensions in the Middle East continue to rise.
China expressed serious concern over the escalating conflict in Iran, confirming that one Chinese national was killed in Tehran. Beijing called for an immediate halt to military operations and a return to diplomatic talks, while other Asian countries have also voiced their positions on the crisis.
China’s military said on Friday it had conducted a routine patrol in the South China Sea from 23 to 26 February, accusing the Philippines of “disrupting” regional peace and stability by organising joint patrols with countries outside the region.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
U.S. first lady, Melania Trump chaired a UN Security Council meeting on children and education in conflict on Monday (2 March), a move criticised by Iran as hypocritical following U.S. and Israeli strikes that triggered a UN warning about risks to children.
A torpedo from a U.S. submarine has sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters. The Sri Lankan navy carried out a rescue operation for dozens of sailors in the wake of the strike.
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage, the kingdom's defence ministry said in a post on X on Tuesday, citing an initial assessment.
The U.S.-Iran crisis has entered its third day, with further strikes reported across the Middle East and the death toll rising. Oil prices have surged to levels last seen during the Covid-19 pandemic, raising fears of economic disruption and higher prices worldwide.
U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key Iranian naval target was destroyed, confirming that the strike was carried out by a U.S. submarine off the coast of Sri Lanka. Rescue efforts are now under way for the ship’s crew.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 4th of February, covering the latest developments you need to know.
Strikes across the Middle East are intensifying, fuelling travel disruption, driving up global energy prices and forcing diplomatic missions to shut their doors.
U.S. President Donald Trump has said the United States has a “virtually unlimited supply” of munitions and is capable of sustaining military action indefinitely, as the conflict with Iran entered its fourth day.
The United Nations has called for an investigation into a deadly attack on a girls’ primary school in Iran, which Iranian officials say has killed more than 100 children. The U.S. has said its forces “would not” deliberately target a school.
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