NEW YORK, Aug. 13 (Xinhua) -- Business leaders from both the United States and China have called for recalibrating U.S. policies on China and building up bilateral trust via dialogue, as Chinese companies operating in the United States become less satisfied with the investment and business environment in the country.
Reportedly, citing an order by Philippine President Rodrigo Duterte, Lorenzana said the Philippines would not join navies of other countries in maritime drills in the South China Sea for fear of raising tension in the area.
He said although China had been hit hard by the pandemic, her efforts in stabilizing industrial and supply chains in the region shall be praised.
Wang expounded on the clear-cut framework for the relationship.
At the same time, China continued to actively promote foreign economic and trade cooperation, which effectively boosted the total world demand and promoted the development of international trade, Zhao said, adding that foreign-funded projects with an investment of more than 100 million U.S. dollars increased to 320 in the first half of the year.
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
Starting from common interests of both sides, China and the United States should carry out open dialogue and cooperation, it said.
A similar executive order has also been issued for WeChat, a messaging and social media app owned by Chinese tech giant Tencent. Enditem
Besides building the lab, a group of Chinese experts brought technical training and testing protocols to the new facility.
"The U.S. has frequently abused state power to wantonly suppress non-American firms under the pretext of national security. This is blatant bullying behavior, which China firmly opposes," the spokesperson said, noting relevant U.S. moves have drawn criticism and doubts from many people within the United States and the international community.
Foreign Ministry spokesperson Zhao Lijian made the remarks at a press briefing when asked to comment on a survey released by the U.S.-China Business Council (USCBC).