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.
"In light of Washington's trade concerns, China put into effect at the beginning of 2020 a new Foreign Investment Law that gives foreign companies greater access to the Chinese market, and offers greater guarantees in intellectual property protection," he said.
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.
NEW YORK, Aug. 13 (Xinhua) -- Business leaders from both the United States and China have called for recalibrating U.S. policies on China and building up bilateral trust via dialogue, as Chinese companies operating in the United States become less satisfied with the investment and business environment in the country.
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.
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).
"Of course, greater clarity and greater rapprochement on the part of both countries are needed. Therefore, the role of diplomats from both parties will be essential to negotiate solutions to the problems, without ever needing the use of force," said Maggiorelli.
On behalf of the Chinese government and people and in his own name, Xi extended profound condolences to the victims, conveyed heartfelt sympathies to the bereaved families and the injured, and wished the injured a quick recovery. Enditem
Trump is essentially doing what the United States has long accused China of doing: disrespecting private property, presuming guilt without evidence, eroding foreign firms' legitimate rights without compensation, and using arbitrary, opaque rules to block them from operating in the country, according to Wei.
"That is a stance that will hurt Trump in the elections, as it is ordinary citizens that are bearing the high costs of failed policies, such as the trade war," he said.
BEIJING, Aug. 5 (Xinhua) -- China will as always welcome companies from other countries to invest and operate in China, a foreign ministry spokesperson said Wednesday.