China and the United States now account for over one-third of global economic output and over 50 percent of global growth. Bilateral trade volume has increased by over 250 times since the early days of diplomatic ties and takes up one-fifth of the global total. Two-way investment has jumped from almost zero to nearly 240 billion U.S. dollars, and annual two-way visits by the two peoples have reached 5 million.
"The Chinese side looks forward to the early distribution of the aforesaid ventilators to various medical institutions so as to help the Philippines fight the COVID-19 pandemic," the embassy said.
The U.S. move blatantly violates international laws and basic norms governing international relations.
BEIJING, Aug. 7 (Xinhua) -- Senior Chinese diplomat Yang Jiechi said on Friday that what has happened shows that no obstacle is insurmountable for China and the United States, and the key lies in a true commitment to mutual respect, equality and seeking common ground while shelving differences.
"The Chinese people's legitimate rights to pursue national development and a better life should be respected," said Yang.
Many Americans are like them: tolerant, respectful and helpful. They are neither hostile to China nor the Chinese people. Or rather, many benefit from economic globalization and the development of China-U.S. relations and trade. What they care about is living a better life and realizing their self-worth. Contrary to some U.S. politicians have claimed, they are least interested in a so-called "new Cold War."
HONG KONG, Aug. 9 (Xinhua) -- Strained China-U.S. relations were dealt another blow as the U.S. Treasury Department announced the so-called sanctions against heads of Chinese government agencies responsible for Hong Kong affairs and officials of the Hong Kong Special Administrative Region (HKSAR).
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.
From China and Japan in Asia, Germany in Europe, to Brazil and Argentina in Latin America, a bunch of U.S. trade partners have suffered from tariff sanctions or unfair agreements skewed towards some short-term American interests.
It is wise for U.S. policymakers to ditch their Cold-War mentality and political shortsightedness, demonstrate wisdom and vision, and meet Beijing halfway for a better, shared future of the two peoples and those worldwide. Enditem
"Nonetheless, for some time, some politicians in the United States have kept making false statements and groundless remarks against China. They have viciously attacked the CPC and China's political system. They have deliberately distorted and even attempted to write off the history of China-U.S. relations for the past nearly 50 years," Yang noted.