FM spokesperson on Bangladeshi foreign minister's visit to China

China attaches high importance to its relations with Bangladesh, its Foreign Ministry spokesperson said in a Q and A text released on the ministry's website on Monday, referring to Bangladeshi foreign minister's upcoming visit to China. At the invitation of Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs Wang Yi, Bangladeshi Foreign Minister Khalilur Rahman will visit China from May 5 to 7, the Ministry of Foreign Affairs announced on its website on Monday.

In the released text, the spokesperson said that China and Bangladesh have long been each other's friends and close neighbors and are comprehensive strategic cooperative partners. Over the past 50-plus years since the establishment of diplomatic ties, the two countries have been developing friendly ties on the basis of the Five Principles of Peaceful Coexistence and with mutual respect and equality. The bilateral ties have enjoyed sustained and steady progress and delivered tangibly for the two peoples.

China attaches high importance to its relations with Bangladesh. Through the upcoming visit, China hopes to work with the new government of Bangladesh to enhance political mutual trust, deepen exchanges and cooperation in various fields, promote high-quality Belt and Road cooperation and strengthen China-Bangladesh comprehensive strategic cooperative partnership, said the spokesperson.

The Five Principles of Peaceful Coexistence, championed by China, are: mutual respect for territorial integrity and sovereignty, non-aggression, non-interference in each other's internal affairs, equality and mutual benefit, and peaceful co-existence.

FM spokesperson on Bangladeshi foreign minister's visit to China

The Kiel Institute recently warned that the German auto industry could lose 15 billion euros (about 17.6 billion U.S. dollars) in short term from the 25 percent U.S. tariffs on cars of the European Union (EU).

The Kiel Institute, one of Germany's top five economic research institutions, reported on May 1 that the European automotive supply chain remains highly vulnerable to trade conflicts. According to its analysis, new U.S. car tariffs could result in short-term losses of 15 billion euros for Germany's auto sector, with long-term losses potentially reaching 30 billion euros.

In 2025, Germany exported approximately 3.17 million passenger cars, of which nearly 410,000 went to the United States, down nine percent year on year, according to the German Automotive Industry Association.

U.S. President Donald Trump said on May 1 on Truth Social that the EU was not complying with a trade agreement, and announced he will raise tariffs on European cars and trucks to 25 percent.

In response, the European Commission -- the executive arm of the 27-nation EU -- said it will keep options open to protect the EU's interests. A European Commission spokesperson said on the same day that the EU is implementing the relevant trade agreements in line with standard legislative procedures, and continues to keep the U.S. side fully informed throughout.

Leading research institution warns German auto industry could sustain heavy loss due to U.S. tariff hike