Wang Yi Tells Germany China and EU Should Avoid Trade Wars
China's Wang Yi told Germany's foreign minister that Beijing and Europe should resolve trade concerns through dialogue rather than conflict.
Chinese Foreign Minister Wang Yi told his German counterpart that China and Europe should not engage in trade wars, describing the two sides as comprehensive strategic partners, Beijing's foreign ministry said.
In a call with German Foreign Minister Johann Wadephul, Wang said deeper mutually beneficial cooperation serves the interests of both sides and is the "right choice." He added that China has consistently pushed for the two sides to move toward each other and address each other's concerns through dialogue and consultation.
Wang also urged Germany to take a rational and pragmatic approach and to play a constructive role within the European Union by supporting free trade and opposing protectionism.
Germany has been among the loudest EU voices raising concerns about unbalanced trade with China, pointing to industrial overcapacity and an undervalued currency.
Germany's foreign ministry said the two ministers agreed that a stable global economy benefits China, Germany and Europe. It added that trade relations must rest on fair rules and a genuine level playing field.
The ministers also discussed Iran, Ukraine and Taiwan, according to the Chinese statement. Wang said Beijing hopes Germany will take concrete steps to sustain bilateral ties and peace and stability in the Taiwan Strait, creating conditions for high-level exchanges.
Taiwan has expanded its engagement with European countries in recent months. Vice President Hsiao Bi-khim has made two trips to the continent in the past year, and Foreign Minister Lin Chia-lung made a rare visit to Germany in June that was disclosed only the following month. Taiwan's democratically elected government rejects Beijing's sovereignty claims.