He added that as the world's economic powerhouse, China has a number of advantages ranging from raw materials, productivity, labor, infrastructure, economic diversification to education, among others.
"Of course, greater clarity and greater rapprochement on the part of both countries are needed. Therefore, the role of diplomats from both parties will be essential to negotiate solutions to the problems, without ever needing the use of force," said Maggiorelli.
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.
The China-U.S. relationship needs to be recalibrated, said William Zarit, chairman of American Chamber of Commerce in China, adding that statesmanship is required.
BEIJING, Aug. 9 (Xinhua) -- Chinese Premier Li Keqiang on Sunday extended his congratulations to Mahinda Rajapaksa on the latter's assuming office as Sri Lanka's new prime minister.
A China-Europe freight train with 45 compartments of anti-epidemic supplies leaves the Xinzhu Railway Station in Xi'an, northwest China's Shaanxi Province, on Aug. 12, 2020, to head for Italy's Milan. The shipment includes 368,300 masks and 94.9 tonnes of melt-blown non-woven fabric, an essential material for manufacturing medical masks. (Photo by Yuan Jingzhi/Xinhua)
But its efforts to sow discord are likely to fail, noted Maggiorelli, because "the United States no longer has as much power as before, and European, Asian, African and Latin American countries want to cooperate with both countries and maintain peaceful relations."
A similar executive order has also been issued for WeChat, a messaging and social media app owned by Chinese tech giant Tencent.
Chinese FM urges U.S. to give up failed interventionism
"China's role in opening up to global economy through many initiatives, including its BRI, contributes a lot to the trend of global trade flows given its very potential production and consumption hubs," Sorasak 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.