The minister said the upcoming signing of the bilateral FTA will undeniably stimulate the speed of Cambodia's infrastructure development projects, including those under the Belt and Road Initiative (BRI).
"Cambodia's commitment to liberalization is reflected in its efforts in entering into many regional FTAs, including the Regional Comprehensive Economic Partnership, ASEAN-China FTA, and others," he said.
U.S. President Donald Trump on Thursday issued an executive order banning any U.S. transactions with Chinese tech firm ByteDance, owner of TikTok, starting in 45 days.
By the end of July, anti-epidemic supplies amounting to 4.97 million items and weighing 39,000 tonnes were transported through the freight trains.
"I believe that the U.S. actions aim to maintain its dominance in the world order" by pursuing unilateralism, he said.
"We urge the U.S. side to abide by the one-China principle and the provisions of three China-U.S. joint communiques, stop official interactions and contact of all kinds as well as the upgrading of substantive relations with the island, and handle Taiwan-related issues in a prudent and proper manner, so as not to seriously damage China-U.S. cooperation in major areas as well as peace and stability across the Taiwan Strait," Zhao added. Enditem
What they want is to revive McCarthyism in an attempt to undermine U.S. relations with China, stoke hostility between the two peoples, and erode trust between the two countries, Wang said.
"China is confident in working with countries in the region to overcome the challenges posed by the COVID-19 epidemic, maintain development momentum and safeguard common well-being of the people in the region," he said. Enditem
A similar executive order has also been issued for WeChat, a messaging and social media app owned by Chinese tech giant Tencent. Enditem
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.
In trade, for example, China has moved to address Washington's concerns, said Castrillon.