Five U.S. chip companies were also used as evidence to prove the U.S. tech sector's dependency on China. "Nvidia, Texas Instruments, Qualcomm, Intel and Broadcom -- each with a market value of more than 100 billion U.S. dollars -- depend on China for between 25 percent and 50 percent of their sales," said the article.
The two major countries in the world, which share extensive common interests, stand to gain from cooperation and lose from confrontation, they said.
On the occasion, Chinese Ambassador to Pakistan Yao Jing said the Chinese government attached great importance to the cooperation between China and Pakistan to combat the COVID-19 pandemic.
Wei stated China's principled position on questions including the South China Sea, Taiwan and the U.S. stigmatization of China, and urged the U.S. side to stop erroneous words and deeds, improve the management and control of maritime risks, avoid taking dangerous moves that may escalate the situation, and safeguard regional peace and stability.
However, he acknowledged that the current political climate in the United States might make that difficult as the November presidential elections draw near.
Carrion said he agreed with top Chinese official Yang Jiechi who recently underscored the importance of maintaining respectful and productive bilateral China-U.S. ties.
Wang made the remarks in an exclusive interview with Xinhua on China-U.S. ties.
Decision-makers in Washington must realize that indulging in pirate-like bullyism will only distance the country from international norms and partners, deteriorate its business environment and keep away foreign investment. At long last, these trust-breaking actions are doomed to boomerang. Enditem
"China and Ecuador are in friendly communication these days through bilateral channels," Wang said, adding that on Thursday, the fishery authorities of the two countries held a special video teleconference, which led to positive consensus and good results.
MANILA, Aug. 13 (Xinhua) -- China, through its Embassy in Manila, has donated 130 ventilators to the Philippines as part of its commitment to helping the country fighting the COVID-19 COVID-19 pandemic, the Chinese Embassy said on Thursday.
According to media reports, the HKSAR government on Wednesday has issued notices of the above-mentioned decisions to the consulate generals of Germany and France in Hong Kong.