"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.
While such actions undermine the multilateral trading system at large, they also diminish the level of trusts, he said.
"China is confident in working with countries in the region to overcome the challenges posed by the COVID-19 epidemic, maintain development momentum and safeguard common well-being of the people in the region," he said. Enditem
Representatives from 11 countries including China, Egypt and Uganda spoke at the roundtable, which was attended by nearly 90 people online. Enditem
By 2019, the European Union had been China's top trade partner for 16 consecutive years, with a total trade volume exceeding 700 billion U.S. dollars for the first time last year, he said.
A similar executive order has also been issued for WeChat, a messaging and social media app owned by Chinese tech giant Tencent. Enditem
"As a champion and promoter for an open world economy, China has always kept its door wide open and committed to provide a market-oriented, law-based and international business environment for companies from Europe and other parts of the world," Wang said.
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.
They backed Wang's call for improved U.S.-China relations, saying cooperation between the world's two major countries will have a positive impact on the entire international community. Enditem
But its efforts to sow discord are likely to fail, noted Maggiorelli, because "the United States no longer has as much power as before, and European, Asian, African and Latin American countries want to cooperate with both countries and maintain peaceful relations."
"I do not believe there will be a 'new Cold War' between the two powers. The two countries have great economic, trade and financial interdependence. Personally, I believe the two countries can resolve their differences through dialogue, as they have cooperated in the past," Maggiorelli said.