Third, reject decoupling and uphold cooperation. The interests of the two countries are deeply entwined. Forced decoupling will inflict a lasting impact on bilateral relations, and endanger the security of international industrial chains and interests of all countries, Wang said.
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.
The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.
"We urge the U.S. side to abide by the one-China principle and the provisions of three China-U.S. joint communiques, stop official interactions and contact of all kinds as well as the upgrading of substantive relations with the island, and handle Taiwan-related issues in a prudent and proper manner, so as not to seriously damage China-U.S. cooperation in major areas as well as peace and stability across the Taiwan Strait," Zhao added. Enditem
Spokesperson Wang Wenbin made the remarks at a routine press briefing after Australian Prime Minister Scott Morrison delivered a speech at the Aspen Security Forum on Wednesday, saying that Australia welcomes China's rise, and expects China to play a role in regional and global stability. He also said Australia has found no evidence showing it should restrict the popular short-video app TikTok.
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.
"After all, what would happen to business confidence if governments assumed that they could extort private enterprises at will?" Wei added.
Since the COVID-19 outbreak, over 12,719 tonnes of supplies have been shipped from Xi'an via the train service, thus bolstering international cooperation on epidemic prevention.
Speaking of the BRI, Cambodia has greatly benefited from the cooperation with China under this framework, Sorasak said, adding that from physical infrastructure, connectivity development to trade and tourism, the BRI has brought about significant contributions to its economy.
Although Trump's actions could yield a short-term gain for the United States, they have introduced severe potential risks to U.S. interests, not to mention international and domestic rules of commerce, Wei said.
Chinese FM urges U.S. to give up failed interventionism