"The funding will be cancelled should we fail to complete these projects on time for whatever reason. We do not want this to happen as these are important projects that will have a positive impact on our people and country," Manning said.
"But they should not be seen as barriers for closer relations between us," he said.
The future of what many consider the world's most important bilateral relationship now hinges upon whether Washington has the much needed rationality and vision to make the right choice.
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.
Therefore, the Chinese side has decided to suspend the HKSAR's SFO agreement with Germany and shelve the one with France, Zhao said. Enditem
"China-U.S. cooperation has never been a case of one party giving favor to the other, or one party taking advantage of the other. Both countries have benefited much from this cooperation," he stressed.
To turn the current dangerous tide in the bilateral relationship around and put it back on the right track, the United States needs to immediately stop pushing in the wrong direction and start taking de-escalatory and remedial actions.
He believed that cultural exchange between the two countries has yielded fruitful results over the past years.
SYDNEY, Aug. 14 (Xinhua) -- The Papua New Guinea government gave approval for 175 Chinese workers to return to the South Pacific island country to complete major projects there.
Zhang Jun, China's permanent representative to the United Nations, expounded on China's principled position on Kashmir during the Security Council's closed-door discussions on Wednesday, said the spokesperson.
BEIJING, Aug. 5 (Xinhua) -- Politicians and experts around the globe believe that provoking a so-called new Cold War is remarkably detrimental. Instead, the United States should meet China halfway.