The minister said the upcoming signing of the bilateral FTA will undeniably stimulate the speed of Cambodia's infrastructure development projects, including those under the Belt and Road Initiative (BRI).
Li pointed out that Prime Minister Rajapaksa has been long committed to promoting the friendship between the two countries.
The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.
BEIJING, Aug. 5 (Xinhua) -- Chinese President Xi Jinping sent on Wednesday a message of condolence to his Lebanese counterpart, Michel Aoun, over the huge explosions in the Lebanese capital Beirut. Enditem
Trump is essentially doing what the United States has long accused China of doing: disrespecting private property, presuming guilt without evidence, eroding foreign firms' legitimate rights without compensation, and using arbitrary, opaque rules to block them from operating in the country, according to Wei.
U.S. President Donald Trump's gamble is likely to backfire, said Castrillon.
He added that as the world's economic powerhouse, China has a number of advantages ranging from raw materials, productivity, labor, infrastructure, economic diversification to education, among others.
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.
Xiong Wei with Cainiao Network, the logistics arm of Alibaba Group, said the new route allows low-cost small commodities like mobile phone cases and toilet covers to be shipped via charter flights, thus providing a new export channel for small and medium-sized businesses.
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.
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.