The exchange of information including that of audit work papers should be conducted through regulatory cooperation channels, which is an internationally accepted common practice, the CSRC said. Enditem
"It's so bad for the U.S. side to decide to close our consulate in Houston. Based on the principle of reciprocity in diplomacy, we have to respond. But we certainly don't want to have all this from the very beginning. We certainly don't want to see any escalation," the Chinese ambassador said. Enditem
This is a political virus which is understandably questioned and rebuked by people in the United States and the international community, he said.
"The U.S. move to turn China into an adversary is a fundamental, strategic miscalculation. It means that the United States is funneling its strategic resources in the wrong area," he said.
"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.
Chinese State Councilor and Foreign Minister Wang Yi gives an exclusive interview to Xinhua on China-U.S. ties in Beijing, capital of China, Aug. 5, 2020. (Xinhua/Zhai Jianlan)
Several million residents of Hong Kong signed a petition in support of the legislation, which demonstrates their longing for peace and stability in Hong Kong and their strong support for the national security legislation, according to Wang.
It is neither necessary nor possible for the two sides to change each other, Wang stressed. "Instead, we should respect the choice independently made by the people of the other side."
Nearly 70 percent of the surveyed U.S. companies were optimistic about the commercial prospects of the Chinese market, and 87 percent of the companies reported no plans to shift production out of China, according to the survey.
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.
China rejects any attempt to create so-called "new Cold War": FM