"Projects linked to the BRI such as the Sihanoukville Special Economic Zone (SSEZ) and the Phnom Penh-Sihanoukville Expressway are two ideal examples to show how BRI helps Cambodia in strengthening industrial sector and diversifying exports through transport and logistics enhancement," he said.
"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.
Maggiorelli, a professor of political science at Bogotas Jorge Tadeo Lozano University, said that Chinas prudence was evident in recent statements by Chinese Foreign Minister Wang Yi, who rejected any attempt to start a "new Cold War" that would destabilize both nations and risk global progress.
China will as always welcome European investors and companies from other countries, continue to firmly deepen reform and expand opening up, and provide more cooperation opportunities and development dividends for their operations in China, Wang said.
Maggiorelli said he agreed with the Chinese foreign minister that it was futile for the United States to try and interfere in Chinas internal affairs, saying it underestimated the strong bond between the Chinese people and the ruling Communist Party of China.
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.
Xi said he was shocked to hear the passing of Comrade Le Kha Phieu, adding that he, on behalf of the CPC, the Chinese government and the Chinese people, as well as in his own name, extends deep condolences through Trong to the Communist Party of Vietnam (CPV), the Vietnamese government, and Vietnamese people over the passing of comrade Le Kha Phieu, and expresses sincere sympathies to his family.
"We urge the U.S. side to abide by the one-China principle and the provisions of three China-U.S. joint communiques, stop official interactions and contact of all kinds as well as the upgrading of substantive relations with the island, and handle Taiwan-related issues in a prudent and proper manner, so as not to seriously damage China-U.S. cooperation in major areas as well as peace and stability across the Taiwan Strait," Zhao added. Enditem
Chinese State Councilor and Foreign Minister Wang Yi gives an exclusive interview to Xinhua on China-U.S. ties in Beijing, capital of China, Aug. 5, 2020. (Xinhua/Zhai Jianlan)
Spokesperson Wang Wenbin made the comment at a press briefing in response to a question on Philippine Defense Secretary Delfin Lorenzanas recent remarks on the South China Sea and bilateral relations. Calling such attempts unpopular, Wang said some countries outside the region are trying to stir up trouble and create tension in the region, which go against the will of the regional countries.
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.
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