Singapore hopes the United States is able to stabilize its relationship with China, because Asia depends on stable ties between the two countries to have a secure and predictable environment to prosper, Singaporean Prime Minister Lee Hsien Loong said in an online interview hosted by Washington-based think tank Atlantic Council, the Straits Times reported.
BEIJING, Aug. 10 (Xinhua) -- China on Monday announced sanctions against 11 U.S. officials with egregious records on Hong Kong affairs, according to Chinese Foreign Ministry spokesperson Zhao Lijian at a press briefing.
This year marks the 75th anniversary of the victory in the World Anti-Fascist War and the founding of the United Nations. "We must not allow the international system to be undermined arbitrarily, or the world divided again," Wang said.
Practice is the sole criterion of truth, Wang said. "Does China's system work for the country? The Chinese people know better than anyone else."
"I recalled that Henry Kissinger has been speaking for the past 10 years of coevolution of a harmonious evolution between the two giants in the world economy and in world geopolitics," Chalom Schirman, associate professor at the University of Haifa and former Israeli diplomat, told Xinhua.
China and the United States now account for over one-third of global economic output and over 50 percent of global growth. Bilateral trade volume has increased by over 250 times since the early days of diplomatic ties and takes up one-fifth of the global total. Two-way investment has jumped from almost zero to nearly 240 billion U.S. dollars, and annual two-way visits by the two peoples have reached 5 million.
Wang said both countries have benefited much from the cooperation, and no one is being taken advantage of or being ripped off, as the mutually beneficial cooperation over the years has turned China and the United States into a community with shared interests.
And though in the face of Washington's provocation Beijing has always kept maximum restraint, that does not mean that the country will bow to bullying. Indeed, China has every right to make a legitimate and firm response to defend its national interests.
Zhao made the announcement in response to a request for comment on the so-called sanctions by the U.S. government against 11 officials of the Chinese central government and the Hong Kong Special Administrative Region (HKSAR) government.
"We urge the United States to earnestly abide by the one-China principle and the three China-U.S. joint communiques and stop arms sales to and military ties with Taiwan, lest it should further harm China-U.S. relations and cross-Strait peace and stability," he said. Enditem
The construction of the 1,000-km railway started in Dec. 2016, which is scheduled to be operational by the end of 2021.