The two countries are unlikely to have greater confrontation since "for purely economic reasons, it is not convenient for them to enter into a dangerous escalation," said Carrion.
Now, the ball is in the U.S.' court. For the interests of both China and the United States, as well as those of the wider world, China is always ready to work with the U.S. side to boost bilateral ties on the basis of coordination, cooperation and stability, and to maintain global peace and prosperity.
Data from both Skyworks and Qualcomm were also quoted as examples. "More than 60 percent of smart phones sold in China now incorporate 5G technology. Qualcomm's shares, too, are close to an all-time high," it said.
Since the turbulence over proposed ordinance amendments in Hong Kong last June, some anti-China and anti-communist forces in the United States thought they had found a new opportunity to instigate "color revolutions," the spokesperson said.
The U.S. administration and some U.S. politicians acted out in such an anxious and reckless manner over Hong Kong-related issues to cover up their own botched response to COVID-19, economy and other domestic problems, the spokesperson noted.
National security legislation is also a common legal practice globally. Western countries including the United States and Britain have passed numerous laws in the field and have a large number of cases derived from judicial practices.
As COVID-19 takes its toll on the global economy, China and the United States should stop attempts at decoupling and advance the relationship through cooperation, and live up to their responsibility for the world, said Wang.
U.S. President Donald Trump on Thursday issued an executive order banning any U.S. transactions with the Chinese tech firm ByteDance, owner of TikTok, starting in 45 days.
BEIJING, Aug. 11 (Xinhua) -- China hopes the United States could open up its research base at Fort Detrick to the media, release more information about its over 200 bio-labs overseas, and invite WHO experts to the United States for COVID-19 origin-tracing investigations, a foreign ministry spokesperson said Tuesday.
"China will not allow these people to get their way," said Wang.
Seeking reelection, U.S. President Donald Trump will probably "use that tension with China, which he sees as a rival of the United States, to score electoral points," said Carrion.