Wei Shangjin, professor of finance and economics at Columbia University's Graduate School of Business and School of International and Public Affairs, said forcing TikTok to be sold cheaply to a "very American" buyer will endanger many U.S. firms in the Chinese market, according to an opinion published by Project Syndicate on Thursday.
"This very huge market access enables Cambodia to diversify its products and markets and reduce over-reliance on a few trading partners, i.e., Europe, U.S., and Canada, who traditionally trade with Cambodia on a concessional basis such as Everything But Arms (EBA), Generalized System of Preferences (GSP)," he said.
Sorasak said during the COVID-19 outbreaks, Cambodia and China had shown solidarity to alleviate the pandemic and to navigate economic recovery.
BEIJING, Aug. 8 (Xinhua) -- China's top securities regulator said Saturday that resolving issues of common concern through dialogue is the only way to achieve win-win results, when responding to a recent U.S. report released by the President's Working Group on Financial Markets.
"We are always ready to develop a China-U.S. relationship featuring no conflict, no confrontation, mutual respect and win-win cooperation based on coordination, cooperation and stability," he added.
On behalf of the Chinese government and people and in his own name, Xi extended profound condolences to the victims, conveyed heartfelt sympathies to the bereaved families and the injured, and wished the injured a quick recovery. Enditem
The Philippines and China have carried out many exchanges in epidemic control, people-to-people exchange and military, said Lorenzana, adding that it is believed that the two countries will gradually resume exchanges in various fields after the pandemic is overcome.
BOGOTA, Aug. 9 (Xinhua) -- For the welfare of the global community, it is important for the United States and China to explore means of cooperation that will help them restore relations at all levels, said Colombian business leaders and academics.
The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.
"We have to keep national security concerns in perspective. Not everything is a national security emergency," said Craig Allen, president of the U.S.-China Business Council in a panel discussion on the occasion of releasing the survey report.
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.