Acknowledging that bilateral relations between Beijing and Washington have suffered setbacks, China's Foreign Minister Wang Yi has called for a "new journey" of peaceful coexistence with the US. Wang made the comments during a late-Monday meeting with representatives of the National Committee on US-China Relations, the US-China Business Council, and the US Chamber of Commerce in New York, where he is attending high-level meetings at the UN in addition to the annual session of the General Assembly.