According to Jaime Suarez, executive director of the Colombia-China Chamber of Investment and Commerce, "trade wars are not promising or positive for either party."
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
By 2019, the European Union had been China's top trade partner for 16 consecutive years, with a total trade volume exceeding 700 billion U.S. dollars for the first time last year, he said.
This is a political virus which is understandably questioned and rebuked by people in the United States and the international community, he said.
TikTok has been downloaded over 175 million times in the United States and over 1 billion times globally, according to the executive order, which claims that the app automatically captures "vast swaths of information" from its users, posing risks to U.S. national security.
"That is a stance that will hurt Trump in the elections, as it is ordinary citizens that are bearing the high costs of failed policies, such as the trade war," he said.
Chinese State Councilor and Foreign Minister Wang Yi has recently affirmed that China rejects any attempt to create a so-called "new Cold War," said Professor David Castrillon of Externado University in Colombia's capital Bogota.
"These will only lead to its moral decline, damage to its national image and international trust deficit, and are doomed to boomerang," Wang said.
"Projects linked to the BRI such as the Sihanoukville Special Economic Zone (SSEZ) and the Phnom Penh-Sihanoukville Expressway are two ideal examples to show how BRI helps Cambodia in strengthening industrial sector and diversifying exports through transport and logistics enhancement," he said.
Hong Kong is part of China's territory and Hong Kong affairs fall within China's internal affairs, Wang stressed during an interview with Xinhua.
Sorasak said during the COVID-19 outbreaks, Cambodia and China had shown solidarity to alleviate the pandemic and to navigate economic recovery.