Wei Shangjin, professor of finance and economics at Columbia University's 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.
It must be pointed out that U.S. accusations against the national security law for Hong Kong go against facts, and have legal and logical fallacies.
"We are always ready to develop a China-U.S. relationship featuring no conflict, no confrontation, mutual respect and win-win cooperation based on coordination, cooperation and stability," he added.
An epidemic, knowing no boundaries or races, is the common enemy of humanity. Solidarity and cooperation can be the most powerful weapons against the virus, and the most urgent task is to save lives, according to Wang.
U.S. President Donald Trump on Thursday issued an executive order banning any U.S. transactions with Chinese tech firm ByteDance, owner of TikTok, starting in 45 days.
Noting that China achieved freedom from imperialism and colonialism, Wang said freedom, democracy and rule of law are codified in China's Constitution and form a key part of core socialist values.
Such disciplined and comprehensive approach stems from a system of governance designed to serve the long-term and fundamental interests of the people, rather than one that is exploited by a few politicians in some western countries for shortsighted goals and their own interests.
Washington has never stopped abusing national and political power to repress law-abiding Chinese tech companies. Although Washington has failed to give any credible evidence to support its claim that Huawei poses a security threat, it has spent months piling pressure on other countries to exclude the Chinese tech giant from their 5G networks. More recently, the White House threatened to ban outright TikTok, a hugely popular video-sharing app worldwide.
China has valued peace and cooperation since ancient times, and always opposes dangerous acts to divide the world along ideological lines, said Wang.
In response to the U.S. move, the Chinese government has expounded its position in a comprehensive manner and reacted resolutely to firmly defend China's sovereignty, security and development interests and firmly safeguard and stabilize China-U.S. relations, said Yang. Enditem
Reported by Tang Renlin and Wu Jun
Edited by Wen Zhiming
Translated by Li Siying