Thirdly, Washington should join Beijing in reactivating communication at all levels and in all-important sectors such as economy and trade and security, as well as cultural and people-to-people exchanges, so as to avoid any high-risk strategic misjudgement.
A media worker reads the open letter by Chinese Consul General in Houston Cai Wei in New York, the United States, July 24, 2020. (Xinhua/Wang Ying)
Figures from the World Bank's Doing Business 2020 report show that China has made greater progress in the 2005-2020 period than any other large economy in terms of facilitating the ease of doing business. Moreover, China's Ministry of Commerce is amending a regulation on foreign strategic investments in Chinese listed firms to ease thresholds and restrictions on foreigners buying equity stakes.
WASHINGTON, Aug. 10 (Xinhua) -- The United States has to be aware that there is "a rising anger" among the Chinese public over Washington's hostile moves against China, Chinese Ambassador to the United States Cui Tiankai has said.
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
"In the meantime, we should really work together to maintain stability of the region, and all of these sea lanes are extremely important for the Chinese economy. A large portion of our imports and exports have to go through these sea lanes," he said. "So we really have high stakes in the safety and security of navigation. So if these things are left to the countries concerned to work out, the situation would be much better."
Five U.S. chip companies were also used as evidence to prove the U.S. tech sector's dependency on China. "Nvidia, Texas Instruments, Qualcomm, Intel and Broadcom -- each with a market value of more than 100 billion U.S. dollars -- depend on China for between 25 percent and 50 percent of their sales," said the article.
Zhao said China had been containing the COVID-19 epidemic in an open, transparent and responsible manner, earnestly implementing its duties and obligations under the International Health Regulations, and actively carrying out international prevention and control cooperation.
Wang said that China firmly supports Malaysia in hosting this year's APEC meeting, and in striving to adhere to the purposes and principles of the APEC, build an open Asia-Pacific economy, uphold the spirit of an Asia-Pacific community with a shared future and partnership, and formulate the Post-2020 Vision.
"Our message is quite clear: We urge the United States to stop acting with arrogance and prejudice, but enter into constructive dialogue with us on an equal footing. We hope that it will work with us to ease current tensions and put the relations back onto the right track of no conflict, no confrontation, mutual respect and win-win cooperation," he said.
Since violent protests and riots rocked Hong Kong last year, the United States has stirred up troubles in the region, attempting to contain China with a raft of bills and executive orders targeting Hong Kong under the pretext of human rights, democracy and autonomy.