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The Munich-based Center for Economic Studies has been forecasting global growth since 1981.
Wang Yi will also attend the 53rd Munich Security Conference.
Oil prices jumped since OPEC members and non-OPEC producers agreed to significant cuts in production output.
Russia hopes the US will send representatives to attend a new round of Syria peace talks in Astana, Kazakhstan.
Trump's pledge to increase infrastructure spending and lower corporate taxes, has renewed Q4's rally.
Japan’s Chief Cabinet Secretary Yoshihide Suga called on China to exert pressure on North Korea.
Steinmeier, who was formerly a foreign minister, is from the center-left Christian Democratic Party.
The European Union (EU) rebuked North Korea's missile launch calling the action "provocative and unacceptable".
Beijing views as a crucial partner in the Silk Road Economic Belt trade and economic partnership initiative.
