"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.
U.S. President Donald Trump on Thursday issued an executive order banning any U.S. transactions with Chinese tech firm ByteDance, owner of TikTok, starting in 45 days.
Please see the attachment for the full text of the article titled "Respect History, Look to the Future and Firmly Safeguard and Stabilize China-U.S. Relations." Enditem
Sorasak said the agreement means a lot to Cambodia's economy as it gives greater market access to the country's products.
BEIJING, Aug. 5 (Xinhua) -- Chinese President Xi Jinping sent on Wednesday a message of condolence to his Lebanese counterpart, Michel Aoun, over the huge explosions in the Lebanese capital Beirut. Enditem
"It's so bad for the U.S. side to decide to close our consulate in Houston. Based on the principle of reciprocity in diplomacy, we have to respond. But we certainly don't want to have all this from the very beginning. We certainly don't want to see any escalation," the Chinese ambassador said. Enditem
Anyone who tries to start a so-called "new Cold War" in the 21st century will be on the wrong side of history and will only be remembered as the one who has upended international cooperation, Wang said.
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.
Wang expounded on the clear-cut framework for the relationship.
He added that as the world's economic powerhouse, China has a number of advantages ranging from raw materials, productivity, labor, infrastructure, economic diversification to education, among others.
Spokesperson Wang Wenbin made the comment at a press briefing in response to a question on Philippine Defense Secretary Delfin Lorenzana's recent remarks on the South China Sea and bilateral relations. Calling such attempts unpopular, Wang said some countries outside the region are trying to stir up trouble and create tension in the region, which go against the will of the regional countries.