China and the United States now account for over one-third of global economic output and over 50 percent of global growth. Bilateral trade volume has increased by over 250 times since the early days of diplomatic ties and takes up one-fifth of the global total. Two-way investment has jumped from almost zero to nearly 240 billion U.S. dollars, and annual two-way visits by the two peoples have reached 5 million.
The two countries are unlikely to have greater confrontation since "for purely economic reasons, it is not convenient for them to enter into a dangerous escalation," said Carrion.
For his part, Ambassador Qian told Xinhua that cultural exchange is vital for the countries like China and Fiji to learn from each other for common development.
In recent years, for example, Washington has withdrawn from the Paris Agreement, UNESCO, the UN Human Rights Council, and the Global Compact for Migration.
Zhao made the remarks at a press briefing when asked to make comment on U.S. Health and Human Services Secretary Alex Azar, who said during his visit to Taiwan that China "chose not to" warn the world about COVID-19 and betrayed the cooperative spirit needed for global health.
WASHINGTON, Aug. 10 (Xinhua) -- The United States has to be aware that there is "a rising anger" among the Chinese public over Washington's hostile moves against China, Chinese Ambassador to the United States Cui Tiankai has said.
In the latest tally, South Korea reported 20 more COVID-19 cases for the past 24 hours, raising the total number of infections to 14,519. Enditem
Moreover, the United States keeps increasing and showing off its military presence in the South China Sea, he said. In the first half of this year alone, it sent military aircraft there more than 2,000 times.
The two major countries in the world, which share extensive common interests, stand to gain from cooperation and lose from confrontation, they said.
To conduct dialogues does not mean to make the two sides fully aligned, but to increase mutual trust and seek common grounds while reserving differences, said Ruan Zongze, executive vice president of the China Institute of International Studies.
"It is believed that (the drug) contributes to the fight against the spread of COVID-19 in this country and help the patients with mild and moderate symptoms recover," the embassy added.