Wei Shangjin, professor of finance and economics at Columbia University's Graduate School of Business and School of International and Public Affairs, said forcing TikTok to be sold cheaply to a "very American" buyer will endanger many U.S. firms in the Chinese market, according to an opinion published by Project Syndicate on Thursday.
Zhao said China has a huge market of 1.4 billion people and a complete industrial support system, and many authoritative international organizations believe that China injects confidence and momentum into the world economic recovery.
It is "a very negative trend that we need to defend ourselves against," Allen said, adding that both sides should work on building up mutual trust, "which is at a historic low right now."
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.
"China is confident in working with countries in the region to overcome the challenges posed by the COVID-19 epidemic, maintain development momentum and safeguard common well-being of the people in the region," he said. Enditem
KUNMING, Aug. 7 (Xinhua) -- A batch of anti-pandemic medical supplies departed from the city of Kunming, capital of southwest China's Yunnan Province, on Friday morning, heading for Laos.
From boosting testing capacities to setting a high standard of testing protocol, the lab has played a critical role in helping the Iraqi Ministry of Health (MOH) battle COVID-19 since its inauguration in Baghdad's Medical City on March 25, lab director Mohammed Ghanim Mahdi said.
BEIJING, Aug. 8 (Xinhua) -- China's top securities regulator said Saturday that resolving issues of common concern through dialogue is the only way to achieve win-win results, when responding to a recent U.S. report released by the President's Working Group on Financial Markets.
With the help of advanced Chinese equipment and 50,000 diagnostics kits, so far the new lab has tested some 28,000 samples. Approximately 20 percent of them were positive, Mahdi said.
"China will continue to promote global peace and development and uphold the international order," he added. Enditem
Mahdi, who holds a Ph.D. in molecular biology, led lab procedures through the dark moments, conquering shortages of testing kits, working all-night shifts, receiving too many cases and watching infection rates grow as the epidemic took a toll on health personnel in Iraq.