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The US National Security Strategy and National Defense Strategy have both singled out China as a major strategic competitor to the US. Dollar described the language as too harsh and hard to back it up. "Once you say those things, you basically are not telling your ministries to go out and negotiate close relations," he said of the Trump administration.

The UK and China's leadership in developing green finance markets is important in accelerating green capital market integrations, according to Michael Sheren, a senior adviser to the Bank of England.

The United Nations also supports the leaders' wish that Haitian authorities completely take over the security of the country, he said.

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The US Commerce Department on Monday eased the restriction, allowing US mobile-phone companies and internet broadband providers to work with Huawei until Aug 19.

The US Treasury, in a semiannual report to Congress on Wednesday, did not name China a currency manipulator and said more “market-based” reforms would lift confidence in the renminbi.

The United States recently required the origin of Hong Kong products exported to the United States should be labeled as "China" starting Sept 25. Currently, the origin of Hong Kong export products is marked as "Hong Kong" as Hong Kong is a separate member of the WTO and enjoys the special status as a separate customs territory under "one country, two systems."

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The U.S. position: Trump assailed the new tax as the French government prepared to approve it, indicating that the U.S. could impose new tariffs on France in response. His administration has launched an inquiry to find out whether the move is discriminatory. The U.S. government hosted a hearing Monday with representatives from Amazon, Google, Facebook, and tech trade groups as part of that investigation.

The US Treasury is set to decide in its semi-annual foreign exchange report this week whether to name China a "currency manipulator". US Treasury staff have recommended to Secretary Steven Mnuchin that China does not meet the criteria to be labeled like that, Bloomberg reported, citing two insiders.

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The United States has more coronavirus cases than anywhere else in the world, with more than 784,500 infected and at least 42,100 dead as of Monday.

The United States and China can collaborate with each other to tackle their common challenges in food and agriculture. [Photo/VCG]