Five U.S. chip companies were also used as evidence to prove the U.S. tech sector's dependency on China. "Nvidia, Texas Instruments, Qualcomm, Intel and Broadcom -- each with a market value of more than 100 billion U.S. dollars -- depend on China for between 25 percent and 50 percent of their sales," said the article.
He said China has already donated to Pakistan "huge" assistance that includes ventilators in all types, test kits, N95 masks, surgical masks, protective clothing and medicines.
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.
MANILA, Aug. 13 (Xinhua) -- China, through its Embassy in Manila, has donated 130 ventilators to the Philippines as part of its commitment to helping the country fighting the COVID-19 COVID-19 pandemic, the Chinese Embassy said on Thursday.
"Our message is quite clear: We urge the United States to stop acting with arrogance and prejudice, but enter into constructive dialogue with us on an equal footing. We hope that it will work with us to ease current tensions and put the relations back onto the right track of no conflict, no confrontation, mutual respect and win-win cooperation," he said.
"China is a sufficiently skilled country, and above all patient, and knows how to handle things with great prudence and composure," he added.
Zhang Jun, China's permanent representative to the United Nations, expounded on China's principled position on Kashmir during the Security Council's closed-door discussions on Wednesday, said the spokesperson.
"It is neither necessary nor possible for the two sides to change each other. Instead, we should respect the choice independently made by the people of the other side," he said.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Wednesday said the Chinese side is ready to enter into candid, effective consultation with the U.S. side and make cool-headed and sensible response to the impulsive moves and anxiety of the U.S. side.
Yang, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Foreign Affairs Commission of the CPC Central Committee, said that a sound and stable China-U.S. relationship affects the well-being of China, the United States and the world at large.
The United States, while having at least 20 laws on national security and sovereignty itself, has rampantly slandered and maligned China's national security legislation for Hong Kong, taking double standards and hypocrisy to the extreme.