In return, China sent 12 vessels containing more than 1,000 containers of raw materials to supply the struggling garment factories in Cambodia in mid-March. Moreover, China also sent medical experts and COVID-19-testing devices to help support Cambodia's combat against the virus, he said.
China remains one of the top three destinations for 63 percent of respondents in a survey conducted earlier this year by the European Union Chamber of Commerce in China and global consultancy firm Roland Berger. Enditem
Reportedly, citing an order by Philippine President Rodrigo Duterte, Lorenzana said the Philippines would not join navies of other countries in maritime drills in the South China Sea for fear of raising tension in the area.
While such actions undermine the multilateral trading system at large, they also diminish the level of trusts, he said.
"China is consistently and firmly opposed to the official interactions between the United States and Taiwan, and we have lodged stern representations with the U.S. side," Zhao said.
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 minister said the upcoming signing of the bilateral FTA will undeniably stimulate the speed of Cambodia's infrastructure development projects, including those under the Belt and Road Initiative (BRI).
Zina Anwar Mohammed, a female medic in the lab, told Xinhua that she was infected with COVID-19 on May 28. Her parents later passed away due to severe symptoms of COVID-19.
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.
The spokesperson reiterated that the Taiwan question is the most important and sensitive issue in China-U.S. relations, and the one-China principle is the political foundation of the bilateral relationship. "The U.S. move is a serious breach of its commitments pledged on the Taiwan question," said Zhao.
Let business be business; geopolitical issues are too heavy for business to carry, said Ni Pin, president of Wanxiang America Corporation and chairman of CGCC Chicago.