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China rejects any attempt to create so-called "new Cold War": FM

Starting "diplomatic war" exposes U.S. lack of confidence: Chinese FM

BEIJING, Aug. 5 (Xinhua) -- China rejects any attempt to create a so-called "new Cold War," Chinese State Councilor and Foreign Minister Wang Yi said Wednesday.

"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.

"Anyone who attempts to derail this process can only end in failure," said Wang. Enditem

As "a just cause enjoys abundant support while an unjust one finds scant backing," Wang said the U.S. side has put its self-interests above market principles and international rules at the cost of undermining the rights and interests of American users and companies, and resorted to reckless political manipulation and suppression.

"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

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

"There is still time for the Trump administration to change course and avoid damaging U.S. interests. But the clock is running -- tick tock," Wei said. Enditem

"This very huge market access enables Cambodia to diversify its products and markets and reduce over-reliance on a few trading partners, i.e., Europe, U.S., and Canada, who traditionally trade with Cambodia on a concessional basis such as Everything But Arms (EBA), Generalized System of Preferences (GSP)," he said.

Given Beijings willingness to cooperate, Castrillon believed the U.S. administrations disputes had less to do with policy than with trying to get re-elected in November.

Only when the United States is ready to reduce its arsenal to the size of Chinas can both sides begin real negotiation, he said, adding, "I hope we could be given a very convincing answer."

 

Reported by Tang Renlin and Wu Jun

Edited by Wen Zhiming

Translated by Li Siying

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