NEW YORK, Aug. 13 (Xinhua) -- Business leaders from both the United States and China have called for recalibrating U.S. policies on China and building up bilateral trust via dialogue, as Chinese companies operating in the United States become less satisfied with the investment and business environment in the country.
The rise in cases has been blamed on the easing of lockdown regulations by authorities and non-compliance of prevention measures. The epidemic has flared up in some communities.
The USCBC is a trade group representing more than 200 U.S. companies that do business with China. Enditem
"After all, what would happen to business confidence if governments assumed that they could extort private enterprises at will?" Wei added.
"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.
BEIJING, Aug. 7 (Xinhua) -- Saying that reckless political manipulation and suppression of certain non-American firms by the United States is doomed to "boomerang," China on Friday urged Washington to rectify its mistake and refrain from politicizing economic issues.
Forty years on, while China and the United States are quite different in social system and many other aspects, such differences have not affected the peaceful coexistence and win-win cooperation between the two countries, and they should not affect their bilateral ties in the future, he said.
As "a just cause enjoys abundant support while an unjust one finds scant backing," Wang said the U.S. side has put its self-interests above market principles and international rules at the cost of undermining the rights and interests of American users and companies, and resorted to reckless political manipulation and suppression.
China and ASEAN countries, including the Philippines, are currently focusing on the fight against COVID-19 and resuming economic activities, which call for solidarity, coordination, peace and stability, Wang said.
In trade, for example, China has moved to address Washington's concerns, said Castrillon.
China will continue to pursue development and progress to meet the desire of its people and make new, even greater contributions to mankind, he said.