In the meantime, China will firmly defend its sovereignty, security and development interests, because this is a legitimate right inherent in China being an independent sovereign state, Wang stressed.
China and the United States must always bear in mind the well-being of mankind, live up to their responsibilities as two major countries, coordinate and cooperate as needed in the UN and other multilateral institutions, and work together for world peace and stability, said Wang. Enditem
PHNOM PENH, Aug. 7 (Xinhua) -- The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia's Commerce Minister Pan Sorasak said in a recent interview with Chinese media.
Chinese State Councilor and Foreign Minister Wang Yi has recently affirmed that China rejects any attempt to create a so-called "new Cold War," said Professor David Castrillon of Externado University in Colombia's capital Bogota.
"Projects linked to the BRI such as the Sihanoukville Special Economic Zone (SSEZ) and the Phnom Penh-Sihanoukville Expressway are two ideal examples to show how BRI helps Cambodia in strengthening industrial sector and diversifying exports through transport and logistics enhancement," he said.
Sorasak said the recent rising tendency in protectionism and unilateralism poses a severe hindrance to the global effort undertaken at the World Trade Organization (WTO) and beyond.
Given Beijing's willingness to cooperate, Castrillon believed the U.S. administration's disputes had less to do with policy than with trying to get re-elected in November.
"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.
China and ASEAN countries, including the Philippines, are currently focusing on the fight against COVID-19 and resuming economic activities, which call for solidarity, coordination, peace and stability, Wang said.
Zhao said China has a huge market of 1.4 billion people and a complete industrial support system, and many authoritative international organizations believe that China injects confidence and momentum into the world economic recovery.
The rise in cases has been blamed on the easing of lockdown regulations by authorities and non-compliance of prevention measures. The epidemic has flared up in some communities.