Looking to the future, Maggiorelli highlighted the relevance of Chinese President Xi Jinping's vision of building a community with a shared future for mankind.
China is committed to peaceful development and will never seek hegemony or engage in confrontation. China always believes that peace, cooperation, development, and mutual benefit are the irresistible trend of the times and the common aspiration of people around the world, Wang said.
"That is a stance that will hurt Trump in the elections, as it is ordinary citizens that are bearing the high costs of failed policies, such as the trade war," he said.
"If China were to mimic Trump's gambit -- alleging, without providing evidence, that some U.S. multinationals are potential national-security threats -- it could force them to sell their operations to 'very Chinese' buyers. Although the Chinese government has not yet done so, the risk has become higher now," said Wei, who served as chief economist of Asian Development Bank during 2014-2016.
"As a champion and promoter for an open world economy, China has always kept its door wide open and committed to provide a market-oriented, law-based and international business environment for companies from Europe and other parts of the world," Wang said.
"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.
First, steer clear of red lines and avoid confrontation. For China-U.S. relations to develop soundly, the most critical thing is mutual respect, Wang noted.
It is "a very negative trend that we need to defend ourselves against," Allen said, adding that both sides should work on building up mutual trust, "which is at a historic low right now."
The exchange of information including that of audit work papers should be conducted through regulatory cooperation channels, which is an internationally accepted common practice, the CSRC said. 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.
HANGZHOU, Aug. 13 (Xinhua) -- An all-cargo air route linking Hangzhou, capital of east China's Zhejiang Province, and Spain's Madrid was launched Thursday.