The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.
The gross interference in Hong Kong affairs, be it in words or action, can only undermine the sound implementation of the policy of "one country, two systems" and will meet with the firm rejection from all the Chinese people, including the people of Hong Kong, he said. Enditem
"China's role in opening up to global economy through many initiatives, including its BRI, contributes a lot to the trend of global trade flows given its very potential production and consumption hubs," Sorasak said.
The exchange of information including that of audit work papers should be conducted through regulatory cooperation channels, which is an internationally accepted common practice, the CSRC said. Enditem
At a time when international cooperation is needed to fight a common enemy such as the COVID-19 pandemic, Trump's hostility is globally damaging and in stark contrast to China's willingness to promote collaboration for the greater good, said Castrillon.
"We will always remember and cherish this friendship of shared adversity, and hope the medical supplies can effectively help Laos' pandemic prevention and control work," Hu added.
"The U.S. has frequently abused state power to wantonly suppress non-American firms under the pretext of national security. This is blatant bullying behavior, which China firmly opposes," the spokesperson said, noting relevant U.S. moves have drawn criticism and doubts from many people within the United States and the international community.
TikTok has been downloaded over 175 million times in the United States and over 1 billion times globally, according to the executive order, which claims that the app automatically captures "vast swaths of information" from its users, posing risks to U.S. national security.
Strengthening the supervision of listed companies' information disclosure and improving auditors' professional ethics and their practices are important means to protect the legitimate rights and interests of investors, the China Securities Regulatory Commission (CSRC) said on its website.
Chinese State Councilor and Foreign Minister Wang Yi gives an exclusive interview to Xinhua on China-U.S. ties in Beijing, capital of China, Aug. 5, 2020. (Xinhua/Zhai Jianlan)
"This very huge market access enables Cambodia to diversify its products and markets and reduce over-reliance on a few trading partners, i.e., Europe, U.S., and Canada, who traditionally trade with Cambodia on a concessional basis such as Everything But Arms (EBA), Generalized System of Preferences (GSP)," he said.