"Foreign companies, including European ones, were part of the story of China's development, and we believe they will continue to be part of the successful story of China's development and win-win cooperation," he added.
"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.
He added that with joint efforts of China and ASEAN, two-way trade and investment grew in the first half of this year, and fast-track lanes for personnel and logistics exchanges have been established to facilitate resumption of work and production, as well as the smooth operation of industrial and supply chains.
Although Trump's actions could yield a short-term gain for the United States, they have introduced severe potential risks to U.S. interests, not to mention international and domestic rules of commerce, Wei said.
First, steer clear of red lines and avoid confrontation. For China-U.S. relations to develop soundly, the most critical thing is mutual respect, Wang noted.
BEIJING, Aug. 10 (Xinhua) -- China's Foreign Ministry on Monday slammed the U.S. Health and Human Services Secretary Alex Azar's ongoing visit to Taiwan, urging Washington to stop official interactions and contact of all kinds, as well as the upgrading of substantive relations with the island.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Wednesday denounced U.S. Secretary of State Mike Pompeo's assertion that the policy of engagement with China pursued by successive U.S. administrations has failed.
Hu Baoguo, deputy mayor of Kunming, said that the city of Vientiane and various sectors of society had donated 261,000 yuan (about 37,500 U.S. dollars) worth of medical supplies to Kunming since the epidemic was first reported in the province.
"People cannot assume other people are doing all these things just because they are exactly doing the same thing in other countries. This is the problem. Some people are doing all these things in other countries. But now they are blaming other countries doing such things. We never do these," he said.
The China-Europe freight train service has played a crucial role in helping stabilize the international logistics supply chain, especially in transporting epidemic prevention supplies since the outbreak of COVID-19.
Noting that the United States and Russia are having "very important negotiations" on some existing nuke control treaties, such as the New Strategic Arms Reduction Treaty, Cui said the treaties are "extremely important for international strategic stability."