"This very huge market access enables Cambodia to diversify its products and markets and reduce over-reliance on a few trading partners, i.e., Europe, U.S., and Canada, who traditionally trade with Cambodia on a concessional basis such as Everything But Arms (EBA), Generalized System of Preferences (GSP)," he said.
Regarding Washington's restrictions on Chinese technology companies, the experts agreed that the measures will only isolate Americans from progress in different fields, including 5G technology in telecommunications, in which Chinese companies are at the fore.
The legislation on safeguarding national security in Hong Kong has plugged the long-standing legal loopholes in Hong Kong, he said, adding that the legislation will "ensure both the long-term implementation of the policy of 'one country, two systems' on the basis of rule of law and durable security and stability of Hong Kong."
TikTok has been downloaded over 175 million times in the United States and over 1 billion times globally, according to the executive order, which claims that the app automatically captures "vast swaths of information" from its users, posing risks to U.S. national security.
On behalf of the Chinese government and people and in his own name, Xi extended profound condolences to the victims, conveyed heartfelt sympathies to the bereaved families and the injured, and wished the injured a quick recovery. Enditem
Wang said this statement is yet another proof of the Philippines' independent foreign policy, which embodies the common aspiration of the regional countries to pursue peace and development.
"We have to keep national security concerns in perspective. Not everything is a national security emergency," said Craig Allen, president of the U.S.-China Business Council in a panel discussion on the occasion of releasing the survey report.
"Anyone who attempts to derail this process can only end in failure," said Wang. Enditem
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.
BEIJING, Aug. 10 (Xinhua) -- China's Foreign Ministry on Monday slammed the U.S. Health and Human Services Secretary Alex Azar's ongoing visit to Taiwan, urging Washington to stop official interactions and contact of all kinds, as well as the upgrading of substantive relations with the island.
NEW YORK, Aug. 8 (Xinhua) -- As the Trump administration is threatening to ban popular apps including TikTok and WeChat, "the United States may lose in Trump's TikTok war," warned an expert.