The USCBC is a trade group representing more than 200 U.S. companies that do business with China. Enditem
He said the BRI is vital for Cambodia's economy which relies on the inflows of foreign direct investments that are conditional to the capability of sufficient physical infrastructures.
"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.
The minister added that Cambodia often acknowledged its advocacy to regional and global integration, especially in trade.
China remains one of the top three destinations for 63 percent of respondents in a survey conducted earlier this year by the European Union Chamber of Commerce in China and global consultancy firm Roland Berger. Enditem
BEIJING, Aug. 5 (Xinhua) -- China hails the Philippines for rebuffing attempts of some countries to incite tensions in the South China Sea, according to a foreign ministry spokesperson Wednesday.
By 2019, the European Union had been China's top trade partner for 16 consecutive years, with a total trade volume exceeding 700 billion U.S. dollars for the first time last year, he said.
Spokesperson Wang Wenbin made the comment at a press briefing in response to a question on Philippine Defense Secretary Delfin Lorenzana's recent remarks on the South China Sea and bilateral relations. Calling such attempts unpopular, Wang said some countries outside the region are trying to stir up trouble and create tension in the region, which go against the will of the regional countries.
"They are showing us the way to establish a good lab," Mahdi said, noting that an important feature of the lab is its ability to receive samples around the clock all days of the week. Thirty lab workers are divided into three shifts, enabling the lab to complete 700 to 1,000 tests a day.
"Very often we hear complaints here that we don't give a level playing field to American companies. But more and more, I believe we should complain Chinese companies are not having a level playing field here," he said.
Chinese FM calls for cooperation instead of decoupling in China-U.S. ties