In trade, for example, China has moved to address Washington's concerns, said Castrillon.
Trump is essentially doing what the United States has long accused China of doing: disrespecting private property, presuming guilt without evidence, eroding foreign firms' legitimate rights without compensation, and using arbitrary, opaque rules to block them from operating in the country, according to Wei.
"Wang Yi emphasized that, saying China is willing to restart mechanisms for dialogue with the United States at any level, in any area and at any time. And that is precisely what the Chinese government has done," said Castrillon, who specializes in U.S. and Chinese affairs.
According to Jaime Suarez, executive director of the Colombia-China Chamber of Investment and Commerce, "trade wars are not promising or positive for either party."
The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.
Chinese FM urges U.S. to give up failed interventionism
"In light of Washington's trade concerns, China put into effect at the beginning of 2020 a new Foreign Investment Law that gives foreign companies greater access to the Chinese market, and offers greater guarantees in intellectual property protection," he said.
Representatives from 11 countries including China, Egypt and Uganda spoke at the roundtable, which was attended by nearly 90 people online. Enditem
Today's China is not the former Soviet Union and China has no intention of becoming another United States, noted Wang.
Given Beijing's willingness to cooperate, Castrillon believed the U.S. administration's disputes had less to do with policy than with trying to get re-elected in November.
U.S. President Donald Trump on Thursday issued an executive order banning any U.S. transactions with Chinese tech firm ByteDance, owner of TikTok, starting in 45 days.