These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.
Maggiorelli, a professor of political science at Bogota's Jorge Tadeo Lozano University, said that China's prudence was evident in recent statements by Chinese Foreign Minister Wang Yi, who rejected any attempt to start a "new Cold War" that would destabilize both nations and risk global progress.
The assertion turns a blind eye to all that has been achieved in China-U.S. relations over the past decades, and shows ignorance of the historical process and lack of respect for the Chinese and American peoples, Wang said.
PHNOM PENH, Aug. 7 (Xinhua) -- The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia's Commerce Minister Pan Sorasak said in a recent interview with Chinese media.
Wang expounded on the clear-cut framework for the relationship.
Noting that China's economic growth turned to positive in the second quarter, Zhao said the Chinese economy has withstood the impact of the epidemic and demonstrated strong resilience and development potential.
In the face of COVID-19, the Communist Party of China and the Chinese government have put the people and lives above everything else, and mobilized the whole country to fight the novel coronavirus, Huang said in the speech.
"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.
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.
UN Women Executive Director Phumzile Mlambo-Ngcuka called for more attention to women's contributions to COVID-19 response and recovery, as well as better global cooperation to build a more inclusive and equal world.
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.