"Resolving issues of common concern through dialogue is the only way to achieve win-win results," said the CSRC. "Only by doing so can a sound environment for the healthy and orderly operation of the global capital market be created."
Wei Shangjin, professor of finance and economics at Columbia University's Graduate School of Business and School of International and Public Affairs, said forcing TikTok to be sold cheaply to a "very American" buyer will endanger many U.S. firms in the Chinese market, according to an opinion published by Project Syndicate on Thursday.
"The U.S. move to turn China into an adversary is a fundamental, strategic miscalculation. It means that the United States is funneling its strategic resources in the wrong area," he 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.
Li pointed out that Prime Minister Rajapaksa has been long committed to promoting the friendship between the two countries.
The Chinese side attaches great importance to consolidating and developing the traditional friendship between the two countries, and is willing to work with Vietnam in enhancing political mutual trust and strengthening unity and cooperation so as to push forward the relationship of the two parties and two countries, as well as their respective socialist causes for new and greater development, Xi said.
"The choices we're making today will shape not only relations between our two great countries, but also the future of the world. So we have to make the right choices. We have to base ourselves on the long-term interests of our two peoples and of the world," he said.
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.
These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.
BEIJING, Aug. 13 (Xinhua) -- China will continue to expand its opening-up and optimize the business environment with an aim to provide more opportunities for companies around the world, a spokesperson said Thursday.
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.