Wajdi Makhamreh, a capital market and investment banking expert and independent economist in Jordan, said the Belt and Road projects will help the economies of the Arab world recover in the aftermath of the coronavirus crisis. Enditem
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.
"If you talk about anything universal, you have to consider China itself has 20 percent of the global population. If you count in countries like India, African and Latin American countries, the majority of the global population is very often not included in the so-called universality (that is often referred to in this country)," he said. Enditem
In the meantime, there are new risks and challenges in the implementation of "one country, two systems," the most prominent of which is heightened national security risk, Zhao added.
The politburo of the Arab Unification Party of Lebanon condemned what some countries have done to slander China and infringe upon China's legitimate rights. It said that U.S. Secretary of State Mike Pompeo's recent attacks against China were aimed to undermine China's role in counterweighing U.S. unilateralism. The party lauded China's active stands toward the people around the world and thanked China for its support to developing countries in economy, development and other fields.
China is committed to developing a China-U.S. relationship featuring non-conflict, non-confrontation, mutual respect and win-win cooperation, Yang said. "Dialogue and cooperation between China and the United States does not just benefit one side, nor is it a favor granted by one side to the other. It features equality and mutual benefit." Enditem
"But what is important is that no one should unilaterally shut the door for dialogue at any time," Wang said. "Difference, misjudgment or confrontation should not be allowed to dominate the bilateral relations."
"All issues can be put on the table for discussion," Wang said.
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.
First, steer clear of red lines and avoid confrontation. For China-U.S. relations to develop soundly, the most critical thing is mutual respect, Wang noted.
Meanwhile, to contribute to the protection of fishery resources in the region, China's fishery authority has decided to ban fishing in the high seas west of the Galapagos Marine Reserve from September to November this year, which has been appreciated by Ecuador and other relevant countries, Wang said.