In the meantime, there are new risks and challenges in the implementation of "one country, two systems," the most prominent of which is heightened national security risk, Zhao added.
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
During an exclusive interview with Xinhua, Wang said the United States has launched a global campaign against a private Chinese company without any solid evidence, calling the move a textbook example of bullying.
The harder some U.S. politicians try to sever the strong bond between the CPC and the Chinese people, the greater indignation they will arouse among the Chinese people, he said.
In response to a joint statement on Hong Kong by the foreign ministers of the Five Eyes, namely the United States, Britain, Canada, Australia and New Zealand, on Sunday, in which they urged Hong Kong to hold legislative elections as soon as possible, Zhao said China strongly deplores and rejects it.
Now, the ball is in the U.S.' court. For the interests of both China and the United States, as well as those of the wider world, China is always ready to work with the U.S. side to boost bilateral ties on the basis of coordination, cooperation and stability, and to maintain global peace and prosperity.
The U.S. move blatantly violates international laws and basic norms governing international relations.
Over the past few decades, he said, Sino-U.S. exchanges have promoted global peace and stability and economic and social development. The cooperation between the two countries at bilateral and multilateral levels has helped solve many global problems. A "new cold war" is not a solution to differences and contradictions. Dialogue is the effective way to solve problems. Enditem
As COVID-19 takes its toll on the global economy, China and the United States, the world's two largest economies, should work for mutual benefit on an equal footing, stop attempts at decoupling and advance the relationship through cooperation, and live up to their responsibility for the world, said Wang. Enditem
The controller worried that funding for these projects from international financial institutions will be cut off if these projects cannot be completed on time.
Chinese State Councilor and Foreign Minister Wang Yi gives an exclusive interview to Xinhua on China-U.S. ties in Beijing, capital of China, Aug. 5, 2020. (Xinhua/Zhai Jianlan)