As a matter of fact, U.S. allies, including Canada and European countries, have become jittery over the recent U.S. protectionism.
Richard Haass, president of the Council on Foreign Relations, wrote in an opinion published by The Washington Post that Secretary of State Mike Pompeo delivered a blistering speech about China.
In the past 40 years, bilateral trade between China and the United States has increased dramatically, from a negligible 2.5 billion U.S. dollars in the late 1970s to the incredible amount of over 630 billion dollars in 2018.
Chinese FM denounces Pompeo's assertion of failure of engagement with China
Cargo train carrying anti-epidemic supplies leaves China's Xi'an for Italy
S. Korea to lift restrictions on arrivals from China's Hubei province
Interview: Cambodia-China FTA to boost bilateral trade, investment ties: Cambodian minister
Five U.S. chip companies were also used as evidence to prove the U.S. tech sector's dependency on China. "Nvidia, Texas Instruments, Qualcomm, Intel and Broadcom -- each with a market value of more than 100 billion U.S. dollars -- depend on China for between 25 percent and 50 percent of their sales," said the article.
"(China will) stand together with the Philippine government and people to jointly tackle the challenge of the pandemic," the embassy added.
Slovenia and the United States signed a so-called joint declaration on security of 5G networks during Pompeo's visit. On the issue of the 5G security, the United States "violates the principles of the market economy and abuses the concept of national security to implement discriminatory and exclusive policies," the Embassy's statement said, noting that it has made "presumptions of guilt" against Chinese companies without being able to provide any evidence, and it "uses the power of the state machine to suppress Chinese companies."
However, he acknowledged that the current political climate in the United States might make that difficult as the November presidential elections draw near.
"We have great confidence in our path of socialism with Chinese characteristics. In the meantime, we also respect the development paths chosen by other nations," he said.
China will continue to work with all countries to maintain a fair, just, open and non-discriminatory business environment, and ensure that safe, reliable and quality information technology will boost global economic recovery and help improve people's lives around the world, he said.
As COVID-19 takes its toll on the global economy, China and the United States, the world's two largest economies, should work for mutual benefit on an equal footing, stop attempts at decoupling and advance the relationship through cooperation, and live up to their responsibility for the world, said Wang. Enditem
China and the United States now account for over one-third of global economic output and over 50 percent of global growth. Bilateral trade volume has increased by over 250 times since the early days of diplomatic ties and takes up one-fifth of the global total. Two-way investment has jumped from almost zero to nearly 240 billion U.S. dollars, and annual two-way visits by the two peoples have reached 5 million.