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Cambodia, Thailand reaffirm commitment to ceasefire agreement at trilateral meeting with China

China

China

China

Cambodia, Thailand reaffirm commitment to ceasefire agreement at trilateral meeting with China

2025-07-30 17:02 Last Updated At:20:07

Cambodia and Thailand have reaffirmed their commitment to upholding the ceasefire agreement at the trilateral meeting with China, Foreign Ministry spokesman Guo Jiakun said at a press briefing in Beijing on Wednesday.

Guo made the remarks in response to the media query about the informal trilateral meeting held in Shanghai among China, Cambodia and Thailand.

"Since the outbreak of the conflict along the border between Cambodia and Thailand, as their friendly neighbor, China has actively worked for deescalation in its own way. Foreign Minister Wang Yi has engaged separately with his Cambodian and Thai counterparts and ASEAN Secretary-General. The Chinese Foreign Ministry has maintained close communication with the two countries and passed on messages between them multiple times in light of the developments. The ministry's Special Envoy for Asian Affairs made two shuttle-diplomacy trips to promote talks for peace between the two sides. China supports ASEAN in playing its role, and has kept in close contact with Malaysia, ASEAN's rotating chair, and sent Chinese representative to the special leaders' meeting in Kuala Lumpur," Guo said.

"In light of the fragile momentum for a ceasefire, on the morning of July 30, Vice Foreign Minister Sun Weidong had an informal consultation in Shanghai with representatives of Cambodia and Thailand. The two countries reaffirmed to China their commitment to upholding the ceasefire and appreciated the positive role played by China in calming down the situation. The meeting proceeded in a candid, friendly and conducive atmosphere. It is China's latest diplomatic effort to facilitate the implementation of the ceasefire and create conditions for quickly restoring peace and stability along the Cambodia-Thailand border," he said.

"China practices the Global Security Initiative, promotes the building of a model of security for Asia featuring common security, seeking common ground while shelving differences, and dialogue and consultation, and stays committed to keeping the region peaceful and stable. China does not seek any selfish gains on the matter, and supports ASEAN in facilitating a political settlement of the situation between Cambodia and Thailand through the ASEAN way. We stand ready to continue to maintain close communication with countries in the region, namely Cambodia, Thailand, and Malaysia, to play a constructive role for cementing the ceasefire and restoring peace and stability at an early date," Guo stated.

Cambodia, Thailand reaffirm commitment to ceasefire agreement at trilateral meeting with China

Cambodia, Thailand reaffirm commitment to ceasefire agreement at trilateral meeting with China

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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