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.
Starting from common interests of both sides, China and the United States should carry out open dialogue and cooperation, it said.
Fourth, abandon the zero-sum mentality and stand up to shared responsibilities. "Our world still faces many global challenges. Traditional and non-traditional security challenges are intertwined. Almost all regional and international hotspot issues require a coordinated response from China, the United States and other countries," he said.
It is neither necessary nor possible for the two sides to change each other, Wang stressed. "Instead, we should respect the choice independently made by the people of the other side."
On Aug. 4, the Chinese side sent updated proposals concerning the joint inspections to the PCAOB based on the latest needs and ideas of the U.S. side, it said.
"We urge the U.S. side to heed rational voices from within and from the international community, correct its wrongdoing, refrain from politicizing economic issues and stop suppressing relevant enterprises, to create a fair, just and non-discriminatory environment for companies worldwide to have normal business operations and investments," Wang added. Enditem
"Countries are already working together to solve the world's problems, but it is normal for there to be different tensions and interests," he said. Enditem
"If China were to mimic Trump's gambit -- alleging, without providing evidence, that some U.S. multinationals are potential national-security threats -- it could force them to sell their operations to 'very Chinese' buyers. Although the Chinese government has not yet done so, the risk has become higher now," said Wei, who served as chief economist of Asian Development Bank during 2014-2016.
Wang added that as a result, bilateral ties have become one of the most deeply interwoven relationships in the world with broadest cooperation areas and most extensive common interests. "No one can deny these facts."
China will as always welcome European investors and companies from other countries, continue to firmly deepen reform and expand opening up, and provide more cooperation opportunities and development dividends for their operations in China, Wang said.
"We hope these treaties could continue," he said. Enditem