Chinese Foreign Minister Wang Yi and South Korean Foreign Minister Cho Hyun reaffirmed their commitment to combating trade protectionism during high-level talks in Beijing on Wednesday, signaling a shared vision for stabilizing global economic ties.
Globalization Benefits Highlighted
Wang, a member of the Political Bureau of the Communist Party of China Central Committee, emphasized that both nations have thrived under economic globalization. He warned against rising unilateralism and 'acts of bullying' in international trade, urging China and South Korea to defend multilateral frameworks.
Strengthening Bilateral Trust
The Chinese foreign minister stressed the stability of Beijing's policy toward Seoul, advocating for enhanced mutual trust and pragmatic cooperation. 'We must treat each other with sincerity and address sensitive issues appropriately to achieve win-win outcomes,' Wang stated, without specifying particular challenges.
Economic Implications
The dialogue comes as Asian economies navigate shifting global trade dynamics. Analysts suggest this alignment could strengthen supply chain resilience and create new opportunities for cross-border investment in technology and green energy sectors.
