Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

China's Wang Yi held 'constructive' talks with Blinken in Munich - Chinese foreign ministry

Published 02/16/2024, 10:54 PM
Updated 02/16/2024, 10:55 PM
© Reuters. U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi shake hands as they meet on the side of the Munich Security Conference (MSC) in Munich, Germany February 16, 2024. REUTERS/Wolfgang Rattay/Pool

BEIJING (Reuters) - China's Foreign Minister Wang Yi discussed lifting sanctions against Chinese companies and individuals in a meeting with U.S. Secretary of State Antony Blinken at the Munich Security Conference, the Chinese foreign ministry said on Saturday.

Both sides also discussed facilitating people-to-people exchanges in the meeting held on Friday, the ministry said, adding the exchanges between the two were "frank, substantial and constructive".

"Making 'de-risking' into 'de-China', and building 'small yards and high walls' and seeking 'decoupling from China'" will only backfire on the U.S. itself, Wang said, according to a statement from the foreign ministry.

Both sides also exchanged views on regional issues including the Ukraine crisis and the Korean Peninsula, the statement said, without giving further details. It added the Korean Peninsula envoys of both sides will "stay in touch".

© Reuters. U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi shake hands as they meet on the side of the Munich Security Conference (MSC) in Munich, Germany February 16, 2024. REUTERS/Wolfgang Rattay/Pool

China and the U.S. have made some progress in bilateral relations since Chinese President Xi Jinping held talks with President Joe Biden in November, where they reached agreements covering fentanyl, military communications and artificial intelligence on the sidelines of the Asia-Pacific Economic Cooperation summit.

China and the U.S. held their first joint meeting of a working group on fentanyl precursor chemicals in Beijing in late January and China's financial officials hosted U.S. Treasury officials earlier this month.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.