Let business be business; geopolitical issues are too heavy for business to carry, said Ni Pin, president of Wanxiang America Corporation and chairman of CGCC Chicago.
Reportedly, citing an order by Philippine President Rodrigo Duterte, Lorenzana said the Philippines would not join navies of other countries in maritime drills in the South China Sea for fear of raising tension in the area.
The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.
In the meantime, China will firmly defend its sovereignty, security and development interests, because this is a legitimate right inherent in China being an independent sovereign state, Wang stressed.
"Let business become the stabilizer for the relationship," said Ni.
WASHINGTON, Aug. 9 (Xinhua) -- The United States should stop making groundless allegations against Chinese companies including TikTok and give them a level playing field, Chinese Ambassador to the United States Cui Tiankai has said.
The minister added that Cambodia often acknowledged its advocacy to regional and global integration, especially in trade.
BEIJING, Aug. 8 (Xinhua) -- General Secretary of the Central Committee of the Communist Party of China (CPC) and Chinese President Xi Jinping sent a message of condolence on Saturday to his Vietnamese counterpart, Nguyen Phu Trong, over the passing of Le Kha Phieu, former general secretary of the Communist Party of Vietnam Central Committee (CPVCC).
Sorasak said during the COVID-19 outbreaks, Cambodia and China had shown solidarity to alleviate the pandemic and to navigate economic recovery.
"China's role in opening up to global economy through many initiatives, including its BRI, contributes a lot to the trend of global trade flows given its very potential production and consumption hubs," Sorasak said.
Over the past 40 years and more since the two countries entered into diplomatic ties, several generations of Chinese and Americans have worked together to advance China-U.S. relations, Wang said.