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.
"This very huge market access enables Cambodia to diversify its products and markets and reduce over-reliance on a few trading partners, i.e., Europe, U.S., and Canada, who traditionally trade with Cambodia on a concessional basis such as Everything But Arms (EBA), Generalized System of Preferences (GSP)," he said.
Wang emphasized that be it companies from Europe or other parts of the world, they are optimistic about China's economic prospect and improving business environment.
The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.
BEIJING, Aug. 10 (Xinhua) -- Chinese President Xi Jinping on Monday sent a congratulatory message to Alexander Lukashenko on his re-election as Belarusian president.
BEIJING, Aug. 5 (Xinhua) -- China rejects any attempt to create a so-called "new Cold War," Chinese State Councilor and Foreign Minister Wang Yi said Wednesday.
"These have been the sources of China's economic boom and Cambodia is using China as a role model in our economic development as well," he said.
The route, operated three times a week by Air China Cargo, is expected to more than half the shipping time of foreign trade commodities to about 10 days.
"Countries are already working together to solve the world's problems, but it is normal for there to be different tensions and interests," he said. Enditem
Spokesman Wang Wenbin made the remarks at a routine press briefing after Joerg Wuttke, president of the European Union Chamber of Commerce in China, on Tuesday expressed confidence of European companies in China's development prospects.
Xi said he was shocked to hear the passing of Comrade Le Kha Phieu, adding that he, on behalf of the CPC, the Chinese government and the Chinese people, as well as in his own name, extends deep condolences through Trong to the Communist Party of Vietnam (CPV), the Vietnamese government, and Vietnamese people over the passing of comrade Le Kha Phieu, and expresses sincere sympathies to his family.