In response to escalating trade tensions with the United States, China's Commerce Minister Wang Wentao has engaged in discussions with leaders from the European Union (EU) and the Association of Southeast Asian Nations (ASEAN) to bolster economic cooperation and counteract the impact of US. tariffs.
On April 8, 2025, Minister Wang held a video conference with EU Trade Commissioner Maros Sefcovic. The talks focused on enhancing trade relations and addressing the challenges posed by the increased US. tariffs on Chinese goods.
Both parties agreed to resume negotiations on electric vehicle price commitments and other trade relief measures. Wang emphasized China's commitment to strengthening industrial cooperation with the EU and supporting the rules-based multilateral trading system.
Simultaneously, Wang met with Malaysian Trade Minister Zafrul Aziz, whose country currently holds the ASEAN chairmanship. The discussions underscored the importance of reinforcing China-Malaysia and broader China-ASEAN trade relations. Wang expressed China's readiness to enhance communication and coordination with ASEAN nations to address mutual trade concerns and promote economic collaboration.
These diplomatic initiatives come in the wake of US President Donald Trump's decision to impose a 125% tariff on Chinese imports, a move that has intensified global trade tensions. China has condemned the US. actions as unilateral and protectionist, vowing to defend its economic interests.
Amid these developments, China is also focusing on stabilizing its currency, the yuan, to mitigate the economic impact of US. sanctions. By strengthening ties with the EU and ASEAN, China aims to diversify its trade partnerships and reduce reliance on the US. market.
These efforts reflect China's strategy to uphold the multilateral trading system and foster regional economic stability in the face of escalating trade disputes.
Indian police detained more than 2,000 protesters in Delhi on Saturday as authorities blocked a planned demonstration calling for the resignation o...
A powerful explosion has been reported at King Khalid International Airport in Riyadh, raising fresh concerns over aviation security in Saudi Arabi...
At least 12 people, including three children, have been killed in a Russian attack on the Ukrainian city of Zaporizhzhia, a day after U.S. Presiden...
Leaders of countries from the Commonwealth of Independent States (CIS) have agreed to hold coordinated population censuses around 2030. They took the decision at the CIS Council of Heads of State meeting in Awaza, Turkmenistan on Friday, media reported.
A powerful explosion has been reported at King Khalid International Airport in Riyadh, raising fresh concerns over aviation security in Saudi Arabia as tensions across the region continue to escalate.
Britain and Israel have reached a temporary compromise over the future of the British Consulate General in East Jerusalem, easing a diplomatic dispute that had threatened to further strain relations between the two countries.
South African judge Navanethem “Navi” Pillay won the Nobel Peace Prize on Friday “for her efforts to promote peace and international law,” the Norwegian Nobel Committee said.
The U.S. has imposed sanctions on the International Criminal Court (ICC) on Friday (9 October) escalating tensions with European allies and potentially targeting companies that provide services to the tribunal. The move came hours after former ICC judge Navi Pillay won the Nobel Peace Prize.
Indian police detained more than 2,000 protesters in Delhi on Saturday as authorities blocked a planned demonstration calling for the resignation of Chief Election Commissioner Gyanesh Kumar over disputed changes to voter lists.
At least 12 people, including three children, have been killed in a Russian attack on the Ukrainian city of Zaporizhzhia, a day after U.S. President Donald Trump announced a deal to ease sanctions on Russian diesel.
Ukrainian President Volodymyr Zelenskyy has criticised U.S. President Donald Trump’s decision to ease sanctions on Russian diesel exports, questioning why Moscow was granted an economic benefit without an apparent concession towards ending the war in Ukraine.
Russian President Vladimir Putin expressed surprise after Donald Trump mediated the Armenia-Azerbaijan peace agreement in 2025, the U.S. President said at a rally in New York state on Friday.
The United Nations has condemned a sharp rise in attacks on civilians in Ukraine, reporting that more than 100 people were killed and at least 429 injured in a single week as Russian strikes hit residential areas, passenger buses and critical infrastructure.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment