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.
Thirdly, Washington should join Beijing in reactivating communication at all levels and in all-important sectors such as economy and trade and security, as well as cultural and people-to-people exchanges, so as to avoid any high-risk strategic misjudgement.
CAIRO, Aug. 6 (Xinhua) -- Though the raging COVID-19 pandemic is casting a shadow over the economy of the Middle East, cooperation between China and Arab countries has shown resilience and vitality, offering hope of post-pandemic recovery in the region.
SUVA, Aug. 6 (Xinhua) -- Cultural exchange is the key for countries such as Fiji and China to enhance mutual understanding and respect, Fijian and Chinese officials said on Thursday.
According to a press release on the government website on Friday, controller of the National Pandemic Response David Manning said these people are important construction managers and workers of Chinese entrepreneurs engaged in major infrastructures in PNG, including a hydro power station, major provincial airport redevelopments, major highways constructions as well as the construction of the new National and Supreme Court building.
"If China-U.S. cooperation were unfair and not reciprocal, how could it have continued for several decades? How could China-U.S. ties have come such a long way?" Wang asked.
In a recent interview with Xinhua, Chinese State Councilor and Foreign Minister Wang Yi said China and the United States, the world's two largest economies, should work for mutual benefit on an equal footing, stop attempts at decoupling and advance the relationship through cooperation, and live up to their responsibility for the world.
China firmly opposes the blatant act of bullying and will continue to facilitate greater opening-up. With its predicable and coherent policies, China will provide more opportunities through high-quality development for businesses seeking an open, fair, just and non-discriminatory environment. Enditem
A group of Washington politicians have time and again proved that the spirit of free enterprise and fair competition they claim to espouse is no more than a lie.
However, he acknowledged that the current political climate in the United States might make that difficult as the November presidential elections draw near.
Washington has never stopped attempting to sow division between China and its overseas partners with groundless claims, for example by accusing China of setting up "dept traps" in developing countries.