China and the United States now account for over one-third of global economic output and over 50 percent of global growth. Bilateral trade volume has increased by over 250 times since the early days of diplomatic ties and takes up one-fifth of the global total. Two-way investment has jumped from almost zero to nearly 240 billion U.S. dollars, and annual two-way visits by the two peoples have reached 5 million.
The embassy said it will continue to donate urgently needed medical equipment such as the high flow nasal cannula oxygen therapy machine to the Philippines.
A total of 59 major projects, including 12 foreign-funded and 47 domestic ones, were agreed, covering tourism, the modern service industry and high-tech industries, with an estimated total investment of 14.2 billion yuan (about 2 billion U.S. dollars).
In order to navigate the China-U.S. relationship through such uncharted and turbulent waters, it is important for the two sides to set straight misinterpretations from Washington's China hawks about the history of the exchanges and cooperation between the two countries.
The politburo of the Arab Unification Party of Lebanon condemned what some countries have done to slander China and infringe upon China's legitimate rights. It said that U.S. Secretary of State Mike Pompeo's recent attacks against China were aimed to undermine China's role in counterweighing U.S. unilateralism. The party lauded China's active stands toward the people around the world and thanked China for its support to developing countries in economy, development and other fields.
Former United States Secretary of State Henry Kissinger speaks at the annual gala dinner of the New York City-based National Committee on U.S.-China Relations Nov. 14, 2019. (Xinhua/Wang Ying)
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
With the last batch of 50 ventilators, Huang said all 130 ventilators donated by the Chinese government have been turned over to the Philippines.
BEIJING, Aug. 7 (Xinhua) -- When talking about his work at the Central Intelligence Agency, the former director Mike Pompeo has never been that honest: "We lied, we cheated, we stole ... It reminds you of the glory of the American experiment."
The future of what many consider the world's most important bilateral relationship now hinges upon whether Washington has the much needed rationality and vision to make the right choice.
"If China-U.S. cooperation were unfair and not reciprocal, how could it have continued for several decades? How could China-U.S. ties have come such a long way?" Wang asked.