The United States should recalibrate the policy of rule of law, said Chris Marlin, president of Lennar International, adding that U.S. laws target certain kinds of countries and actors in a way that may appear to others as discriminatory.
"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.
U.S. President Donald Trump on Thursday issued an executive order banning any U.S. transactions with Chinese tech firm ByteDance, owner of TikTok, starting in 45 days.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Wednesday denounced U.S. Secretary of State Mike Pompeo's assertion that the policy of engagement with China pursued by successive U.S. administrations has failed.
Only when the United States is ready to reduce its arsenal to the size of China's can both sides begin real negotiation, he said, adding, "I hope we could be given a very convincing answer."
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.
"These have been the sources of China's economic boom and Cambodia is using China as a role model in our economic development as well," he said.
As the world's largest developing country and a permanent member of the UN Security Council, China will stay committed to peaceful development and to pursuing an opening-up strategy of mutual benefit, Wang stressed.
"If China were to mimic Trump's gambit -- alleging, without providing evidence, that some U.S. multinationals are potential national-security threats -- it could force them to sell their operations to 'very Chinese' buyers. Although the Chinese government has not yet done so, the risk has become higher now," said Wei, who served as chief economist of Asian Development Bank during 2014-2016.
"These will only lead to its moral decline, damage to its national image and international trust deficit, and are doomed to boomerang," Wang said.
BEIJING, Aug. 10 (Xinhua) -- A Chinese spokesperson on Monday reiterated that China has no interest and has never interfered in U.S. presidential elections, in response to a top U.S. intelligence official's statement saying China is stepping up efforts to influence the election.