It is "a very negative trend that we need to defend ourselves against," Allen said, adding that both sides should work on building up mutual trust, "which is at a historic low right now."
China has never prohibited or prevented relevant accounting firms from offering audit work papers to overseas regulators, the CSRC said.
The China-Europe freight train service has played a crucial role in helping stabilize the international logistics supply chain, especially in transporting epidemic prevention supplies since the outbreak of COVID-19.
TikTok has been downloaded over 175 million times in the United States and over 1 billion times globally, according to the executive order, which claims that the app automatically captures "vast swaths of information" from its users, posing risks to U.S. national security.
Forty years on, while China and the United States are quite different in social system and many other aspects, such differences have not affected the peaceful coexistence and win-win cooperation between the two countries, and they should not affect their bilateral ties in the future, he said.
The companies, in line with market principles and international rules, have conducted commercial activities in the United States while following local laws and regulations, Wang told a daily press briefing.
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.
CHANGCHUN, Aug. 12 (Xinhua) -- An air route linking the city of Yanji in northeast Chinas Jilin Province and Daegu in the Republic of Korea (ROK) will resume operations on Aug. 20, according to the government of Yanbian Korean Autonomous Prefecture.
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.
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
Business owner Diego Tangarife also highlighted the China-proposed Belt and Road Initiative for global development, saying it fosters greater international cooperation.
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