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China-U.S. relations at "very critical moment": Chinese ambassador

Updated 7 August 2020

Introduction

Young people sitting together
U.S. political suppression of non-American firms doomed to boomerang: China

At a time when international cooperation is needed to fight a common enemy such as the COVID-19 pandemic, Trumps hostility is globally damaging and in stark contrast to Chinas willingness to promote collaboration for the greater good, said Castrillon.

In trade, for example, China has moved to address Washingtons concerns, said Castrillon.

The Global Consensus Statement story

BEIJING, Aug. 8 (Xinhua) -- Chinas top securities regulator said Saturday that resolving issues of common concern through dialogue is the only way to achieve win-win results, when responding to a recent U.S. report released by the Presidents Working Group on Financial Markets.

He also recalled that while the world was clamoring travel restrictions to and from China during the outbreak, Cambodia had maintained its commercial and tourist flights to and from China to ensure Chinas economy vis-à-vis regional supply chain remain less impacted.

The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.

"Wang Yi emphasized that, saying China is willing to restart mechanisms for dialogue with the United States at any level, in any area and at any time. And that is precisely what the Chinese government has done," said Castrillon, who specializes in U.S. and Chinese affairs.

Signatories

Zhao said China has a huge market of 1.4 billion people and a complete industrial support system, and many authoritative international organizations believe that China injects confidence and momentum into the world economic recovery.
China and ASEAN countries, including the Philippines, are currently focusing on the fight against COVID-19 and resuming economic activities, which call for solidarity, coordination, peace and stability, Wang said.
"We have to keep national security concerns in perspective. Not everything is a national security emergency," said Craig Allen, president of the U.S.-China Business Council in a panel discussion on the occasion of releasing the survey report.
In the next two months, more medical and epidemic prevention supplies are scheduled to be dispatched from Xian to Italy via the China-Europe train routes to help with the anti-epidemic fight. Enditem
He added that Cambodia, in its existing capacity, managed to dispatch face masks to China in late February.
PHNOM PENH, Aug. 7 (Xinhua) -- The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodias Commerce Minister Pan Sorasak said in a recent interview with Chinese media.
"Chinas role in opening up to global economy through many initiatives, including its BRI, contributes a lot to the trend of global trade flows given its very potential production and consumption hubs," Sorasak said.
With the help of advanced Chinese equipment and 50,000 diagnostics kits, so far the new lab has tested some 28,000 samples. Approximately 20 percent of them were positive, Mahdi said.
Wang added that as a result, bilateral ties have become one of the most deeply interwoven relationships in the world with broadest cooperation areas and most extensive common interests. "No one can deny these facts."
Todays China is not the former Soviet Union and China has no intention of becoming another United States, noted Wang.
The survey also showed that 26 percent respondents believe that U.S. investment and business environment would decline at least moderately in the next two years, which is roughly in line with 33 percent in 2019 but much higher than 12 percent in 2018 and 5 percent in 2017.
    Sorasak said the agreement means a lot to Cambodias economy as it gives greater market access to the countrys products.
PHNOM PENH, Aug. 7 (Xinhua) -- The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodias Commerce Minister Pan Sorasak said in a recent interview with Chinese media.
Huang introduced Chinas efforts in protecting the lives and health of women and children amid the epidemic and the roles Chinese women and womens federations have played in COVID-19 response and recovery.
The assertion is just a rehash of the Cold War mentality, Wang said during an exclusive interview with Xinhua.
BOGOTA, Aug. 10 (Xinhua) -- Washingtons latest quarrel with China over the latters technological advances, and its attempts to meddle with Chinas domestic affairs have met with wise discretion of Chinese officials, Colombian political observer Lorenzo Maggiorelli has said.
BEIJING, Aug. 7 (Xinhua) -- Saying that reckless political manipulation and suppression of certain non-American firms by the United States is doomed to "boomerang," China on Friday urged Washington to rectify its mistake and refrain from politicizing economic issues.
China and the United States must always bear in mind the well-being of mankind, live up to their responsibilities as two major countries, coordinate and cooperate as needed in the UN and other multilateral institutions, and work together for world peace and stability, said Wang. Enditem
Let business be business; geopolitical issues are too heavy for business to carry, said Ni Pin, president of Wanxiang America Corporation and chairman of CGCC Chicago.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Wednesday denounced U.S. Secretary of State Mike Pompeos assertion that the policy of engagement with China pursued by successive U.S. administrations has failed.
"China is confident in working with countries in the region to overcome the challenges posed by the COVID-19 epidemic, maintain development momentum and safeguard common well-being of the people in the region," he said. Enditem
BEIJING, Aug. 5 (Xinhua) -- UN Women, the United Nations entity for gender equality and the empowerment of women, on Wednesday held a virtual ministerial roundtable meeting on ensuring progress toward gender equality amid the COVID-19 pandemic. Chinese women affairs official Huang Xiaowei delivered a keynote speech at the meeting.


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Resources


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