Chinas U.S. policy is always consistent and stable, and in the meantime, China is also prepared for possible bumps and storms ahead, Wang said during an exclusive interview with Xinhua.
China remains one of the top three destinations for 63 percent of respondents in a survey conducted earlier this year by the European Union Chamber of Commerce in China and global consultancy firm Roland Berger. Enditem
The bilateral FTA also impeccably responds to Cambodias policy directions sketched in the Industrial Development Policy and the "Rectangular Strategy," the minister added.
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."
"Let business become the stabilizer for the relationship," said Ni.
Non-interference in other countries internal affairs is a basic norm governing international relations, and no country will allow other countries to flagrantly sabotage its sovereignty or territorial integrity, said Wang.
"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.
Todays China is not the former Soviet Union and China has no intention of becoming another United States, noted Wang.
Anyone who tries to start a so-called "new Cold War" in the 21st century will be on the wrong side of history and will only be remembered as the one who has upended international cooperation, Wang said.
Sorasak said the agreement means a lot to Cambodias economy as it gives greater market access to the countrys products.
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.