Gross interference in Hong Kong affairs undermines "one country, two systems": Chinese FM
"I don't think there's an evidence that any company is giving such information to the Chinese government. People make these allegations, but they never show any evidence," said Cui in response to the U.S. government's allegations that TikTok might give its data to the Chinese government when he was attending the 2020 Aspen Security Forum on Aug. 4.
A medic performs COVID-19 testing at a Chinese-built lab in Baghdad, Iraq on July 29, 2020. (Xinhua)
"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.
It is "a very negative trend that we need to defend ourselves against," Allen said, adding that both sides should work on building up mutual trust, "which is at a historic low right now."
Wang added that as a result, bilateral ties have become one of the most deeply interwoven relationships in the world with broadest cooperation areas and most extensive common interests. "No one can deny these facts."
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.
Asked about Washington's criticism of the World Health Organization (WHO) and decision to withdraw from the organization amid the COVID-19 pandemic, Maggiorelli said the U.S. decision to withdraw from the organization is "undoubtedly due to political reasons and not health concerns," Maggiorelli 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
The so-called "Report on Protecting United States Investors from Significant Risks from Chinese Companies" has recommendations such as enhancing listing standards on U.S. exchanges for access to audit work papers.
Today's China is not the former Soviet Union and China has no intention of becoming another United States, noted Wang.