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U.S. should give Chinese companies level playing field: Chinese ambassador

Updated 7 August 2020

Introduction

Young people sitting together
U.S. not qualified to build coalition of "clean countries": Chinese FM

On Aug. 4, the Chinese side sent updated proposals concerning the joint inspections to the PCAOB based on the latest needs and ideas of the U.S. side, it said.

However, concerns have been raised as Iraq has become the new epicenter of COVID-19 in the Middle East. On Friday the MOH registered the highest daily increase of 3,461 confirmed cases, the worst in Middle East countries. The tally of infections has reached 144,064 cases.

The Global Consensus Statement story

Chinas major achievements in the past decades show that the path of socialism with Chinese characteristics fits China and has also benefited the world, Wang said.

In his most recent exclusive interview with Xinhua, Wang called on the U.S. government to give up its failed attempts to destabilize the country and to respect Chinas socialist system.

"China will continue to promote global peace and development and uphold the international order," he added. Enditem

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."

Signatories

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.
"If China were to mimic Trumps gambit -- alleging, without providing evidence, that some U.S. multinationals are potential national-security threats -- it could force them to sell their operations to very Chinese buyers. Although the Chinese government has not yet done so, the risk has become higher now," said Wei, who served as chief economist of Asian Development Bank during 2014-2016.
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 countrys securities authorities have provided the audit work papers of several U.S.-listed Chinese companies to the U.S. securities authorities, as mentioned in the U.S. report, it said.
Reportedly, citing an order by Philippine President Rodrigo Duterte, Lorenzana said the Philippines would not join navies of other countries in maritime drills in the South China Sea for fear of raising tension in the area.
Some American politicians who are biased against and hostile to China are using their power to smear China with fabrications and impede normal ties with China under various pretexts, Wang told Xinhua in an exclusive interview.
The spokesperson reiterated that the Taiwan question is the most important and sensitive issue in China-U.S. relations, and the one-China principle is the political foundation of the bilateral relationship. "The U.S. move is a serious breach of its commitments pledged on the Taiwan question," said Zhao.
Regarding Washingtons restrictions on Chinese technology companies, the experts agreed that the measures will only isolate Americans from progress in different fields, including 5G technology in telecommunications, in which Chinese companies are at the fore.
Sorasak said the recent rising tendency in protectionism and unilateralism poses a severe hindrance to the global effort undertaken at the World Trade Organization (WTO) and beyond.
A China-Europe freight train with 45 compartments of anti-epidemic supplies leaves the Xinzhu Railway Station in Xian, northwest Chinas Shaanxi Province, on Aug. 12, 2020, to head for Italys Milan. The shipment includes 368,300 masks and 94.9 tonnes of melt-blown non-woven fabric, an essential material for manufacturing medical masks. (Photo by Yuan Jingzhi/Xinhua)
The remarks were made by Foreign Ministry spokesperson Wang Wenbin in response to U.S. executive orders issued Thursday, which ban transactions carried out by American companies or individuals with parent companies of WeChat and TikTok apps.
    Wei Shangjin, professor of finance and economics at Columbia Universitys Graduate School of Business and School of International and Public Affairs, said forcing TikTok to be sold cheaply to a "very American" buyer will endanger many U.S. firms in the Chinese market, according to an opinion published by Project Syndicate on Thursday.
BEIJING, Aug. 5 (Xinhua) -- China hails the Philippines for rebuffing attempts of some countries to incite tensions in the South China Sea, according to a foreign ministry spokesperson Wednesday.
WASHINGTON, Aug. 10 (Xinhua) -- Chinas nuclear power is not at the same level as that of the United States and Russia, and it is not yet the right timing for China to join their nuclear disarmament talks, Chinese Ambassador to the United States Cui Tiankai has said.
The China-U.S. relationship needs to be recalibrated, said William Zarit, chairman of American Chamber of Commerce in China, adding that statesmanship is required.
The United States should recalibrate the policy of rule of law, said Chris Marlin, president of Lennar International, adding that U.S. laws target certain kinds of countries and actors in a way that may appear to others as discriminatory.
According to Jaime Suarez, executive director of the Colombia-China Chamber of Investment and Commerce, "trade wars are not promising or positive for either party."
"China has a very small amount of nuclear weapons. Its not at the same level. We are far behind the U.S. and Russia," Cui said.
The United States should honor the principle of sovereign equality enshrined in the UN Charter, learn how to get along with different systems and civilizations and adapt itself to peaceful coexistence, and accept the reality that the world is moving toward multipolarity, said Wang.
"Foreign companies, including European ones, were part of the story of Chinas development, and we believe they will continue to be part of the successful story of Chinas development and win-win cooperation," he added.
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.
Li said in his congratulatory message that China and Sri Lanka enjoy traditional friendship, and recent years have seen their strategic partnership developing vigorously, which features sincere mutual help and time-hornored friendship, and their practical cooperation in various fields constantly broadening and deepening.


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Resources


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