The survey also showed that 26 percent respondents believe that U.S. investment and business environment would decline at least moderately in the next two years, which is roughly in line with 33 percent in 2019 but much higher than 12 percent in 2018 and 5 percent in 2017.
"We still need to increase testing abilities," Mahdi said. "The testing rate needs to be at least five or ten percent of our 40 million population in order to detect more and more cases."
He added that as the world's economic powerhouse, China has a number of advantages ranging from raw materials, productivity, labor, infrastructure, economic diversification to education, among others.
"These will only lead to its moral decline, damage to its national image and international trust deficit, and are doomed to boomerang," Wang said.
Sorasak said the recent rising tendency in protectionism and unilateralism poses a severe hindrance to the global effort undertaken at the World Trade Organization (WTO) and beyond.
Besides building the lab, a group of Chinese experts brought technical training and testing protocols to the new facility.
Wang said this statement is yet another proof of the Philippines' independent foreign policy, which embodies the common aspiration of the regional countries to pursue peace and development.
The bilateral FTA also impeccably responds to Cambodia's policy directions sketched in the Industrial Development Policy and the "Rectangular Strategy," the minister added.
China's major achievements in the past decades show that the path of socialism with Chinese characteristics fits China and has also benefited the world, Wang said.
China remains one of the top three destinations for 63 percent of respondents in a survey conducted earlier this year by the European Union Chamber of Commerce in China and global consultancy firm Roland Berger. Enditem
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.