Such a blatant act of bullying runs against the World Trade Organization's principles of openness, transparency and non-discrimination and has exposed the hegemonic nature of the world' sole superpower.
Figures from the World Bank's Doing Business 2020 report show that China has made greater progress in the 2005-2020 period than any other large economy in terms of facilitating the ease of doing business. Moreover, China's Ministry of Commerce is amending a regulation on foreign strategic investments in Chinese listed firms to ease thresholds and restrictions on foreigners buying equity stakes.
"It has gone extreme to pursue unilateralism and bullying, even at the cost of international responsibilities and multilateral rules," Wang told Xinhua in an exclusive interview.
SEOUL, Aug. 7 (Xinhua) -- South Korea planned to lift restrictions on arrivals from central China's Hubei province as no new confirmed cases of COVID-19 have been reported recently in the province, the health authorities said Friday.
"The development of humankind is a progress of mutual learning and assimilation. Each country is quite different with its own history, culture and advantage. We have to learn from history, respect and learn from each other and promote exchanges and cooperation, so as to achieve common development and progress," he said.
BEIJING, Aug. 7 (Xinhua) -- Senior Chinese diplomat Yang Jiechi said Friday that China and the United States must never allow a handful of self-serving U.S. politicians to push the bilateral relationship into serious jeopardy.
"We have great confidence in our path of socialism with Chinese characteristics. In the meantime, we also respect the development paths chosen by other nations," he said.
As COVID-19 takes its toll on the global economy, China and the United States should stop attempts at decoupling and advance the relationship through cooperation, and live up to their responsibility for the world, said Wang.
The United States should also work with China and the rest of the international community to step up international cooperation, particularly in the ongoing fight against the pandemic, and to support the multilateral system with the United Nations at the center and make it better and more effective, instead of turning against it.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi said Wednesday the Chinese side is ready to enter into candid, effective consultation with the U.S. side and make cool-headed and sensible response to the impulsive moves and anxiety of the U.S. side.