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      China

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      Chinese, German foreign ministers meet in Beijing

      2024-12-02 22:25 Last Updated At:12-03 13:17

      Foreign Minister Wang Yi met with German Federal Foreign Minister Annalena Baerbock in Beijing on Monday.

      Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, highlighted the stability of China's policy toward Germany and the importance of pragmatic cooperation amid global challenges.

      Both sides emphasized the need to continue the dialog, with Baerbock reiterating Germany's commitment to the one-China principle and support for China's role in addressing climate change.

      The two also addressed trade issues, including the European Union's anti-subsidy tariffs on Chinese electric vehicles, and exchanged views on the Ukraine crisis.

      Baerbock is on a visit to China from Dec 2 to 3 at the invitation of Wang.

      During the visit, the two co-chaired the seventh round of China-Germany Strategic Dialog on Diplomacy and Security, and discussed strengthening bilateral relations.

      Chinese, German foreign ministers meet in Beijing

      Chinese, German foreign ministers meet in Beijing

      Chinese, German foreign ministers meet in Beijing

      Chinese, German foreign ministers meet in Beijing

      Next Article

      Global trade hits record 33 trillion USD in 2024: UN report

      2025-03-16 13:39 Last Updated At:14:07

      Global trade hit a record 33 trillion U.S. dollars in 2024, marking a 3.7-percent increase from 2023, showed a report released Friday by the United Nations Trade and Development (UNCTAD).

      The growth was driven by services, which rose 9 percent and accounted for nearly 60 percent of the total growth, the Global Trade Update report says, adding that trade in goods grew 2 percent.

      Developing economies outpaced developed nations in 2024, with imports and exports rising 4 percent for the year and 2 percent in the fourth quarter.

      Foreign trade of China and India both showed strong growth momentum in the fourth quarter of 2024, the report says.

      Meanwhile, developed economies' trade stagnated, with imports and exports flat for the year and down 2 percent in the last quarter, it says.

      The report highlights mounting geoeconomic tensions, protectionist policies and trade disputes that could disrupt trade ahead, despite signs of trade stability in early 2025.

      The report calls for efforts to prevent the formation of isolated trade blocs and avoid undermining long-term growth by properly managing policy shifts.

      Global trade hits record 33 trillion USD in 2024: UN report

      Global trade hits record 33 trillion USD in 2024: UN report

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