"The choices we're making today will shape not only relations between our two great countries, but also the future of the world. So we have to make the right choices. We have to base ourselves on the long-term interests of our two peoples and of the world," he said.
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.
Although Trump's actions could yield a short-term gain for the United States, they have introduced severe potential risks to U.S. interests, not to mention international and domestic rules of commerce, Wei said.
"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.
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.
"Projects linked to the BRI such as the Sihanoukville Special Economic Zone (SSEZ) and the Phnom Penh-Sihanoukville Expressway are two ideal examples to show how BRI helps Cambodia in strengthening industrial sector and diversifying exports through transport and logistics enhancement," he said.
First, steer clear of red lines and avoid confrontation. For China-U.S. relations to develop soundly, the most critical thing is mutual respect, Wang noted.
National security legislation underpins the very survival of any country, and it is a common legal practice of all countries, Wang said.
"After all, what would happen to business confidence if governments assumed that they could extort private enterprises at will?" Wei added.
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."
"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.