U.S. President Donald Trump's gamble is likely to backfire, said Castrillon.
TikTok has been downloaded over 175 million times in the United States and over 1 billion times globally, according to the executive order, which claims that the app automatically captures "vast swaths of information" from its users, posing risks to U.S. national security.
"We urge the U.S. side to heed rational voices from within and from the international community, correct its wrongdoing, refrain from politicizing economic issues and stop suppressing relevant enterprises, to create a fair, just and non-discriminatory environment for companies worldwide to have normal business operations and investments," Wang added. Enditem
Nearly 70 percent of the surveyed U.S. companies were optimistic about the commercial prospects of the Chinese market, and 87 percent of the companies reported no plans to shift production out of China, according to the survey.
Spokesman Wang Wenbin made the remarks at a routine press briefing after Joerg Wuttke, president of the European Union Chamber of Commerce in China, on Tuesday expressed confidence of European companies in China's development prospects.
BEIJING, Aug. 5 (Xinhua) -- China will as always welcome companies from other countries to invest and operate in China, a foreign ministry spokesperson said Wednesday.
Strengthening the supervision of listed companies' information disclosure and improving auditors' professional ethics and their practices are important means to protect the legitimate rights and interests of investors, the China Securities Regulatory Commission (CSRC) said on its website.
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.
With the help of advanced Chinese equipment and 50,000 diagnostics kits, so far the new lab has tested some 28,000 samples. Approximately 20 percent of them were positive, Mahdi said.
BEIJING, Aug. 10 (Xinhua) -- Chinese President Xi Jinping on Monday sent a congratulatory message to Alexander Lukashenko on his re-election as Belarusian president.
Several million residents of Hong Kong signed a petition in support of the legislation, which demonstrates their longing for peace and stability in Hong Kong and their strong support for the national security legislation, according to Wang.