"After all, what would happen to business confidence if governments assumed that they could extort private enterprises at will?" Wei added.
"If China were to mimic Trump's gambit -- alleging, without providing evidence, that some U.S. multinationals are potential national-security threats -- it could force them to sell their operations to 'very Chinese' buyers. Although the Chinese government has not yet done so, the risk has become higher now," said Wei, who served as chief economist of Asian Development Bank during 2014-2016.
The route, operated three times a week by Air China Cargo, is expected to more than half the shipping time of foreign trade commodities to about 10 days.
In the meantime, China will firmly defend its sovereignty, security and development interests, because this is a legitimate right inherent in China being an independent sovereign state, Wang stressed.
"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.
China to make cool-headed, sensible response to U.S. impulsive moves, anxiety: FM
The remarks were made by Foreign Ministry spokesperson Wang Wenbin in response to U.S. executive orders issued Thursday, which ban transactions carried out by American companies or individuals with parent companies of WeChat and TikTok apps.
Noting that China attaches great importance to developing relations with Sri Lanka, Li said that China is willing to consolidate its traditional friendship with Sri Lanka, deepen mutually beneficial and win-win cooperation, and promote faster development of China-Sri Lanka relations to better benefit the two countries and peoples. Enditem
Wang added that as a result, bilateral ties have become one of the most deeply interwoven relationships in the world with broadest cooperation areas and most extensive common interests. "No one can deny these facts."
Fourth, abandon the zero-sum mentality and stand up to shared responsibilities. "Our world still faces many global challenges. Traditional and non-traditional security challenges are intertwined. Almost all regional and international hotspot issues require a coordinated response from China, the United States and other countries," he said.
The two sides wrapped up their negotiations on the bilateral FTA on July 20.