Moreover, cooperation between the two countries in major global issues, like fighting terrorism, tackling the 2008 financial crisis and coping with the climate change challenge, has made significant contributions to sustaining peace and stability, and promoting development around the world.
"A new Cold War between the United States and China would be something else entirely. It is difficult to see how it could be fought effectively, not to mention successfully," Coats said.
He made the remarks in a signed article titled "Respect History, Look to the Future and Firmly Safeguard and Stabilize China-U.S. Relations," which was published Friday.
Zhang said that India unilaterally changed the status quo of Kashmir through constitutional amendments in August 2019, stoking tensions in the region. A year later, there is no fundamental improvement but a risk of further escalation in the situation of Kashmir, according to the spokesperson.
"The funding will be cancelled should we fail to complete these projects on time for whatever reason. We do not want this to happen as these are important projects that will have a positive impact on our people and country," Manning said.
Figures from the World Bank's Doing Business 2020 report show that China has made greater progress in the 2005-2020 period than any other large economy in terms of facilitating the ease of doing business. Moreover, China's Ministry of Commerce is amending a regulation on foreign strategic investments in Chinese listed firms to ease thresholds and restrictions on foreigners buying equity stakes.
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.
BEIJING, Aug. 13 (Xinhua) -- China has decided to suspend the agreement on the surrender of fugitive offenders (SFO) between its Hong Kong Special Administrative Region (HKSAR) and Germany and shelve a similar one with France, Chinese Foreign Ministry spokesman Zhao Lijian said at a daily press briefing Thursday.
Mahmoud Beshr is a manager in charge of business development at the China-Egypt TEDA Suez Economic and Trade Cooperation Zone, a major Belt and Road project located on the shore of the Red Sea.
Spokesman Wang Wenbin made the remarks at a press briefing after Ecuadorian foreign minister said the country will be surveilling Chinese fishing fleets near the Galapagos Islands and that Ecuador expects to hold bilateral talks with the Chinese side.
China and the United States should respect each other's core interests and major concerns, said Yang, stressing that China's resolve to defend its sovereignty, security, and development interests is unshakable.