The so-called "Report on Protecting United States Investors from Significant Risks from Chinese Companies" has recommendations such as enhancing listing standards on U.S. exchanges for access to audit work papers.
At a time when international cooperation is needed to fight a common enemy such as the COVID-19 pandemic, Trump's hostility is globally damaging and in stark contrast to China's willingness to promote collaboration for the greater good, said Castrillon.
In March, Yunnan Province dispatched a medical team to aid the pandemic prevention and control efforts in Laos, and donated 4.17 million yuan worth of anti-pandemic materials. Enditem
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
"In light of Washington's trade concerns, China put into effect at the beginning of 2020 a new Foreign Investment Law that gives foreign companies greater access to the Chinese market, and offers greater guarantees in intellectual property protection," he said.
On Aug. 4, the Chinese side sent updated proposals concerning the joint inspections to the PCAOB based on the latest needs and ideas of the U.S. side, it said.
Noting China will not allow these people to get their way, Wang stressed that China rejects any attempt to create a so-called "new Cold War", because it contravenes the fundamental interests of the Chinese and American peoples and the global trend toward development and progress.
The remarks were made by Foreign Ministry spokesperson Wang Wenbin in response to U.S. executive orders issued Thursday, which ban transactions carried out by American companies or individuals with parent companies of WeChat and TikTok apps.
"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.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi said on Wednesday that gross interference in Hong Kong affairs undermines "one country, two systems."
Spokesman Wang Wenbin made the remarks at a routine press briefing after Joerg Wuttke, president of the European Union Chamber of Commerce in China, on Tuesday expressed confidence of European companies in China's development prospects.