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.
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.
The United States should recalibrate the policy of rule of law, said Chris Marlin, president of Lennar International, adding that U.S. laws target certain kinds of countries and actors in a way that may appear to others as discriminatory.
Chinese FM calls for cooperation instead of decoupling in China-U.S. ties
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi said on Wednesday that gross interference in Hong Kong affairs undermines "one country, two systems."
"The choices we're making today will shape not only relations between our two great countries, but also the future of the world. So we have to make the right choices. We have to base ourselves on the long-term interests of our two peoples and of the world," he said.
According to Jaime Suarez, executive director of the Colombia-China Chamber of Investment and Commerce, "trade wars are not promising or positive for either party."
"China's door to dialogue remains open. We are willing, in the spirit of equality and open-mindedness, to talk and interact with the United States, and resume dialogue mechanisms at all levels and in all fields," said Wang.
China and the United States must always bear in mind the well-being of mankind, live up to their responsibilities as two major countries, coordinate and cooperate as needed in the UN and other multilateral institutions, and work together for world peace and stability, said Wang. 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.
"I do not believe there will be a 'new Cold War' between the two powers. The two countries have great economic, trade and financial interdependence. Personally, I believe the two countries can resolve their differences through dialogue, as they have cooperated in the past," Maggiorelli said.
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