Asked about Washington's criticism of the World Health Organization (WHO) and decision to withdraw from the organization amid the COVID-19 pandemic, Maggiorelli said the U.S. decision to withdraw from the organization is "undoubtedly due to political reasons and not health concerns," Maggiorelli 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.
"It's not fair to make such allegations without giving any evidence and to accuse China of not giving American companies a level playing field while at the same time they themselves are denying Chinese companies such a level playing field. This is extremely unfair," he said.
"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.
Since the COVID-19 outbreak, over 12,719 tonnes of supplies have been shipped from Xi'an via the train service, thus bolstering international cooperation on epidemic prevention.
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.
He added that with joint efforts of China and ASEAN, two-way trade and investment grew in the first half of this year, and fast-track lanes for personnel and logistics exchanges have been established to facilitate resumption of work and production, as well as the smooth operation of industrial and supply chains.
While the issues that generate tension between China and the United States are multiple and complex, the issues that unite them are weightier enough to save bilateral ties, he said.
As the world's largest developing country and a permanent member of the UN Security Council, China will stay committed to peaceful development and to pursuing an opening-up strategy of mutual benefit, Wang stressed.
WASHINGTON, Aug. 9 (Xinhua) -- China-U.S. relations are at "a very critical moment" and the two countries have to "make the right choices" for the long-term interests of the two peoples and of the world, Chinese Ambassador to the United States Cui Tiankai has said.
The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.