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.
BOGOTA, Aug. 10 (Xinhua) -- Washington's latest quarrel with China over the latter's technological advances, and its attempts to meddle with China's domestic affairs have met with wise discretion of Chinese officials, Colombian political observer Lorenzo Maggiorelli has said.
"Anyone who attempts to derail this process can only end in failure," said Wang. Enditem
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."
At the same time, China continued to actively promote foreign economic and trade cooperation, which effectively boosted the total world demand and promoted the development of international trade, Zhao said, adding that foreign-funded projects with an investment of more than 100 million U.S. dollars increased to 320 in the first half of the year.
The so-called "Report on Protecting United States Investors from Significant Risks from Chinese Companies" has recommendations such as enhancing listing standards on U.S. exchanges for access to audit work papers.
"Foreign companies, including European ones, were part of the story of China's development, and we believe they will continue to be part of the successful story of China's development and win-win cooperation," he added.
Trump is essentially doing what the United States has long accused China of doing: disrespecting private property, presuming guilt without evidence, eroding foreign firms' legitimate rights without compensation, and using arbitrary, opaque rules to block them from operating in the country, according to Wei.
Regarding Washington's restrictions on Chinese technology companies, the experts agreed that the measures will only isolate Americans from progress in different fields, including 5G technology in telecommunications, in which Chinese companies are at the fore.
Besides building the lab, a group of Chinese experts brought technical training and testing protocols to the new facility.
"It is certainly something that we can achieve together," he said.
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