China has never prohibited or prevented relevant accounting firms from offering audit work papers to overseas regulators, the CSRC said.
In the meantime, China will firmly defend its sovereignty, security and development interests, because this is a legitimate right inherent in China being an independent sovereign state, Wang stressed.
"I believe that the U.S. actions aim to maintain its dominance in the world order" by pursuing unilateralism, he 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
Comrade Le Kha Phieu is an outstanding leader of the older generation of the CPV and Vietnam, said Xi, adding that he had led the Vietnamese people in achieving great accomplishments in Vietnam's socialist construction and renovation enterprises.
China is committed to peaceful development and will never seek hegemony or engage in confrontation. China always believes that peace, cooperation, development, and mutual benefit are the irresistible trend of the times and the common aspiration of people around the world, Wang said.
"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.
These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.
BEIJING, Aug. 5 (Xinhua) -- China will as always welcome companies from other countries to invest and operate in China, a foreign ministry spokesperson said Wednesday.
U.S. not qualified to build coalition of "clean countries": Chinese FM
BEIJING, Aug. 5 (Xinhua) -- UN Women, the United Nations' entity for gender equality and the empowerment of women, on Wednesday held a virtual ministerial roundtable meeting on ensuring progress toward gender equality amid the COVID-19 pandemic. Chinese women affairs official Huang Xiaowei delivered a keynote speech at the meeting.