From July 3 to 5, the 2025 ASEAN-China (Qingdao) Event of Economic and Trade Cooperation and People-to-People Exchanges took place at Qingdao Haitian Center under the theme "Blue Partnership for a Shared Future.

The two major powers vied to push their agendas in Asia at a time of simmering tension over a U.S. trade tariffs offensive.

Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said that against the backdrop of rampant unilateralism and protectionism, China and ASEAN countries are demonstrating a strong desire to support each other, unite and cooperate, and jointly meet challenges.

US Secretary of State Marco Rubio and China Foreign Minister Wang Yi attended separate meetings with their ASEAN counterparts in Kuala Lumpur on Thursday (Jul 10).

U.S. Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi agreed Friday to explore "areas of potential cooperation" between Washington and Beijing, and stressed the importance of managing differences,

Move will have little impact on Taiwan's defense contractors, which mainly rely on friendly countries for components.