Chinese Foreign Minister Wang Yi on Russia cooperation

Chinese Foreign Minister Wang Yi said that China and Russia has agreed on cooperation. At a joint news conference, Wang said that both nations have agreed that peace and development are still the mainstay of the current era.

Sochi: Chinese Foreign Minister Wang Yi said on Monday that both Russia and China agreed that cooperation should be still 'the common goals pursued by all countries'.

Speaking at a joint news conference with his Russian counterpart Sergey Lavrov, Wang said he and Lavrov both agreed that 'peace and development are still the mainstay of the current era'.

His comments come amid rising tensions between the US and Iran, as US Secretary of State Mike Pompeo held talks with officials from European powers that are racing to salvage a nuclear deal with the Islamic republic.

US President Donald Trump is withdrawing from a landmark nuclear treaty with Russia and has said he wants a new agreement that includes China as well.

On China's trade war with the US, Wang warned 'trying to exert extreme pressure will only trigger a legitimate counterattack'.

The country had announced increased tariffs on 60 billion US dollars in American goods.

The move comes after Trump pushed up tariffs on 200 billion US dollars in Chinese imports from 10% to 25% Friday - the same day US-China negotiations trade ended without a breakthrough or any specific plan for further talks.