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皇家国际|最新网址

China securities regulator stresses dialogue with U.S. for achieving win-win results

Updated 7 August 2020

Introduction

Young people sitting together
Interview: China shows political wisdom in face of latest U.S. anti-China salvos, says political expert

Sorasak said the recent rising tendency in protectionism and unilateralism poses a severe hindrance to the global effort undertaken at the World Trade Organization (WTO) and beyond.

"The Chinese people's legitimate rights to pursue national development and a better life should be respected," said Yang.

The Global Consensus Statement story

China never intends to and will never interfere in U.S. elections or other U.S. internal affairs. Likewise, the United States must abandon its fantasy of remodeling China to U.S. needs. It must stop its meddling in China's internal affairs, and stop its irrational cracking down on China's legitimate rights and interests, he said.

What they have done not only is far from the truths and science, but has dragged the world's most important relationship into a dangerous zone.

Gross interference in Hong Kong affairs undermines "one country, two systems": Chinese FM

He said although China had been hit hard by the pandemic, her efforts in stabilizing industrial and supply chains in the region shall be praised.

Signatories

ISTANBUL, Aug 8 (Xinhua) -- The U.S. efforts to clamp down on popular short video-sharing app TikTok is part of a broader attempt to curb China's technological sector, a Turkish expert has 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.
"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.
"The constitutions of more than 100 countries in the world stipulate that the exercise of fundamental rights and freedoms must not endanger national security. The European Convention on Human Rights has similar provisions," the mission noted.
The Philippines and China have carried out many exchanges in epidemic control, people-to-people exchange and military, said Lorenzana, adding that it is believed that the two countries will gradually resume exchanges in various fields after the pandemic is overcome.
"Ultimately, they want to drag China and the United States into renewed conflict and confrontation and plunge the world into chaos and division again," he added.
The United States should genuinely eliminate the prejudice and hatred some of its political forces harbor, abandon the Cold War mentality and zero-sum game mindset, respect Hong Kong affairs as China's internal affairs, and stop using HKSAR as a ground for secession, subversion, infiltration and sabotage against China.
Over the past 40 years and more since the two countries entered into diplomatic ties, several generations of Chinese and Americans have worked together to advance China-U.S. relations, Wang said.
In fact, the law has enjoyed immense popularity in Hong Kong, as millions of residents have signed in support. Social order has obviously improved and life has returned to peace and tranquility. Human rights and freedoms in Hong Kong also remain well protected.
Under the current situation, China proposes removing all disturbances to restart as soon as possible the Code of Conduct consultation, and agreeing as early as possible on a set of rules for maintaining long-term peace and stability in the region, Wang said.
The Chinese Consulate-General in Houston was the first consulate-general opened by China in the United States after the establishment of the diplomatic ties, and it was always an important symbol of China-U.S. friendship, Wang said in an exclusive interview with Xinhua.
    "First, the normalization of relations between our two countries and the growth of this relationship over the decades has served the interests of both countries and the world very well," he said. "It's quite clear that all of us are still enjoying the positive outcome, the benefits of the growth of this relationship. Nobody can really deny this."
While such actions undermine the multilateral trading system at large, they also diminish the level of trusts, he said.
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.
He also recalled that while the world was clamoring travel restrictions to and from China during the outbreak, Cambodia had maintained its commercial and tourist flights to and from China to ensure China's economy vis-à-vis regional supply chain remain less impacted.
The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.
Wei Shangjin, professor of finance and economics at Columbia University's Graduate School of Business and School of International and Public Affairs, said forcing TikTok to be sold cheaply to a "very American" buyer will endanger many U.S. firms in the Chinese market, according to an opinion published by Project Syndicate on Thursday.
In response to the U.S. move, the Chinese government has expounded its position in a comprehensive manner and reacted resolutely to firmly defend China's sovereignty, security and development interests and firmly safeguard and stabilize China-U.S. relations, said Yang. Enditem
The exchange of information including that of audit work papers should be conducted through regulatory cooperation channels, which is an internationally accepted common practice, the CSRC said. Enditem
The team left for Azerbaijan on Tuesday, he said. Enditem
Atli, an Asia-Pacific expert, said that the Trump administration wants to push back against China's rise as a tech competitor.
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.


Consensus statement

Resources


China's Kunming donates anti-pandemic supplies to Laos

China shares anti-virus experience at UN Women roundtable

Starting "diplomatic war" exposes U.S. lack of confidence: Chinese FM

Xi expresses condolences over passing of former CPVCC general secretary

China, U.S. need to safeguard foundation of bilateral ties: senior Chinese diplomat

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皇家国际|最新网址

China securities regulator stresses dialogue with U.S. for achieving win-win results

Updated 7 August 2020

Introduction

Young people sitting together
Interview: China shows political wisdom in face of latest U.S. anti-China salvos, says political expert

Sorasak said the recent rising tendency in protectionism and unilateralism poses a severe hindrance to the global effort undertaken at the World Trade Organization (WTO) and beyond.

"The Chinese people's legitimate rights to pursue national development and a better life should be respected," said Yang.

The Global Consensus Statement story

China never intends to and will never interfere in U.S. elections or other U.S. internal affairs. Likewise, the United States must abandon its fantasy of remodeling China to U.S. needs. It must stop its meddling in China's internal affairs, and stop its irrational cracking down on China's legitimate rights and interests, he said.

What they have done not only is far from the truths and science, but has dragged the world's most important relationship into a dangerous zone.

Gross interference in Hong Kong affairs undermines "one country, two systems": Chinese FM

He said although China had been hit hard by the pandemic, her efforts in stabilizing industrial and supply chains in the region shall be praised.

Signatories

ISTANBUL, Aug 8 (Xinhua) -- The U.S. efforts to clamp down on popular short video-sharing app TikTok is part of a broader attempt to curb China's technological sector, a Turkish expert has 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.
"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.
"The constitutions of more than 100 countries in the world stipulate that the exercise of fundamental rights and freedoms must not endanger national security. The European Convention on Human Rights has similar provisions," the mission noted.
The Philippines and China have carried out many exchanges in epidemic control, people-to-people exchange and military, said Lorenzana, adding that it is believed that the two countries will gradually resume exchanges in various fields after the pandemic is overcome.
"Ultimately, they want to drag China and the United States into renewed conflict and confrontation and plunge the world into chaos and division again," he added.
The United States should genuinely eliminate the prejudice and hatred some of its political forces harbor, abandon the Cold War mentality and zero-sum game mindset, respect Hong Kong affairs as China's internal affairs, and stop using HKSAR as a ground for secession, subversion, infiltration and sabotage against China.
Over the past 40 years and more since the two countries entered into diplomatic ties, several generations of Chinese and Americans have worked together to advance China-U.S. relations, Wang said.
In fact, the law has enjoyed immense popularity in Hong Kong, as millions of residents have signed in support. Social order has obviously improved and life has returned to peace and tranquility. Human rights and freedoms in Hong Kong also remain well protected.
Under the current situation, China proposes removing all disturbances to restart as soon as possible the Code of Conduct consultation, and agreeing as early as possible on a set of rules for maintaining long-term peace and stability in the region, Wang said.
The Chinese Consulate-General in Houston was the first consulate-general opened by China in the United States after the establishment of the diplomatic ties, and it was always an important symbol of China-U.S. friendship, Wang said in an exclusive interview with Xinhua.
    "First, the normalization of relations between our two countries and the growth of this relationship over the decades has served the interests of both countries and the world very well," he said. "It's quite clear that all of us are still enjoying the positive outcome, the benefits of the growth of this relationship. Nobody can really deny this."
While such actions undermine the multilateral trading system at large, they also diminish the level of trusts, he said.
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.
He also recalled that while the world was clamoring travel restrictions to and from China during the outbreak, Cambodia had maintained its commercial and tourist flights to and from China to ensure China's economy vis-à-vis regional supply chain remain less impacted.
The Philippines advocates peaceful settlement of relevant disputes through legal means, Lorenzana said.
Wei Shangjin, professor of finance and economics at Columbia University's Graduate School of Business and School of International and Public Affairs, said forcing TikTok to be sold cheaply to a "very American" buyer will endanger many U.S. firms in the Chinese market, according to an opinion published by Project Syndicate on Thursday.
In response to the U.S. move, the Chinese government has expounded its position in a comprehensive manner and reacted resolutely to firmly defend China's sovereignty, security and development interests and firmly safeguard and stabilize China-U.S. relations, said Yang. Enditem
The exchange of information including that of audit work papers should be conducted through regulatory cooperation channels, which is an internationally accepted common practice, the CSRC said. Enditem
The team left for Azerbaijan on Tuesday, he said. Enditem
Atli, an Asia-Pacific expert, said that the Trump administration wants to push back against China's rise as a tech competitor.
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.


Consensus statement

Resources


China's Kunming donates anti-pandemic supplies to Laos

China shares anti-virus experience at UN Women roundtable

Starting "diplomatic war" exposes U.S. lack of confidence: Chinese FM

Xi expresses condolences over passing of former CPVCC general secretary

China, U.S. need to safeguard foundation of bilateral ties: senior Chinese diplomat