Story perspectives

China Urges Europe to Embrace Market Amid Global Tensions

3/8/2026

Summary

Story summary

Chinese Foreign Minister Wang Yi highlighted growing China–Europe engagement, noting visits by Prime Minister Keir Starmer and President Emmanuel Macron.
He urged Europe to embrace the Chinese market and move away from protectionism.
Wang stated China's stance on Taiwan, claiming an 'overwhelming consensus' supports the one-China principle.
He addressed Iran, calling for dialogue and condemning military actions.
He expressed optimism for US–China relations, predicting a landmark year in 2026.

History

Historical Context

In 1975, the European Economic Community and China established formal diplomatic relations, initiating a significant shift in global trade dynamics. By 2021, trade between China and the EU reached €560 billion, reflecting deepening ties. Wang Yi's recent call for enhanced engagement underscores ongoing efforts to navigate rising protectionism, which could reshape economic landscapes and influence geopolitical stability, particularly concerning Taiwan and Iran.

1 of 2

Story summary

Chinese Foreign Minister Wang Yi highlighted growing China–Europe engagement, noting visits by Prime Minister Keir Starmer and President Emmanuel Macron.
He urged Europe to embrace the Chinese market and move away from protectionism.
Wang stated China's stance on Taiwan, claiming an 'overwhelming consensus' supports the one-China principle.
He addressed Iran, calling for dialogue and condemning military actions.
He expressed optimism for US–China relations, predicting a landmark year in 2026.

1 / 2