The assertion turns a blind eye to all that has been achieved in China-U.S. relations over the past decades, and shows ignorance of the historical process and lack of respect for the Chinese and American peoples, Wang said.
The USCBC is a trade group representing more than 200 U.S. companies that do business with China. Enditem
The Philippines and China have carried out many exchanges in epidemic control, people-to-people exchange and military, said Lorenzana, adding that it is believed that the two countries will gradually resume exchanges in various fields after the pandemic is overcome.
"After all, what would happen to business confidence if governments assumed that they could extort private enterprises at will?" Wei added.
"The U.S. has frequently abused state power to wantonly suppress non-American firms under the pretext of national security. This is blatant bullying behavior, which China firmly opposes," the spokesperson said, noting relevant U.S. moves have drawn criticism and doubts from many people within the United States and the international community.
By 2019, the European Union had been China's top trade partner for 16 consecutive years, with a total trade volume exceeding 700 billion U.S. dollars for the first time last year, he said.
Chinese FM urges U.S. to give up failed interventionism
BEIJING, Aug. 5 (Xinhua) -- China rejects any attempt to create a so-called "new Cold War," Chinese State Councilor and Foreign Minister Wang Yi said Wednesday.
Over four decades ago, leaders of China and the United States made the handshake across the vast Pacific Ocean, he added, noting that what made this possible was that both countries adhered to the principle of mutual respect and seeking common ground while putting aside differences.
"We have noted that Australia said it welcomes China's development and hope that Australia will turn its words into concrete actions, act in line with the spirit of the China-Australia comprehensive strategic partnership and contribute to regional peace and stability," Wang said. Enditem
"These have been the sources of China's economic boom and Cambodia is using China as a role model in our economic development as well," he said.