na, and the one-China principle is the foundation of China-US relations and an international consensus,” Shao said.
“The US side has conducted a series of negative rhetoric and actions regarding the Taiwan questi
on, violated the one-China principle and the three China-US joint communiques,” he said.
“This has undermined China’s sovereignty and security, sent a seriously wrong message to
Taiwan secessionists, and disrupted regional peace and stability,” Shao said, adding that China must, and will be, reunified.
d, the Chinese military will adamantly protect its territorial integrity at all costs,” he said.
As for the South China Sea, Shanahan accused China of undermini
ng freedom of navigation and overflight in the region, and militarizing the local islands.
First, China has undisputable sovereignty over islands and their surrounding waters in the South China Sea, backed by a wealth of historical and legal basis,” Shao said.
For a long period of time, various nations’ normal passage and flight in the region have never been obstructed. “There i
s no issue over the freedom of navigation and overflight in the South China Sea,” he said.
However, the US has frequently sent vessels and aircraft to trespass into Chinese mar
itime territory and airspace, and has conducted intense intelligence gathering and special drills in the region.
“These actions damage the peace and security of the region,” Shao said. “As a result, the PLA
has installed necessary defense equipment on the islands in accordance with security needs. This is within
the natural rights of a sovereign state, and a necessary measure to counter those provocative actions.”
China, with related hashtags getting more than 150 million views on Weibo.
Eunice Yoon, Beijing bureau chief and Inside China host at CNBC Interna
tional, tweeted to Regan that 120 million people viewed a Chinese hashtag that she tran
slated to: “Fox News female anchor challenges debate after being accused by CCTV for being emotional”.
Yoon, incidentally, was a former classmate of Regan’s at Phillips Exeter Academy, a prep school in New Hampshire.
“Seeing the kind of reaction online, I want to say, it’s important for us to have a meaningfu
l discussion to try to understand each other better. I appreciate the opportunity,” Liu wrote on May 24.
Liu has been working at CCTV since 1997, after graduating from Nanjing University’s English studies program.
eign exchange reserves at $3.095 trillion at the end of April. The reserve amount was stable, altho
ugh it slightly retreated from $3.098 trillion at the end of March, according to the State Administration of Foreign Exchange.
Li Yang, director of the National Institution for Finance and Development of the Chinese Academy
of Social Sciences, said that China is unlikely to sacrifice foreign exchange reserves to de
fend its currency, even if depreciation pressure rises amid any escalation in trade tension.
In May, the offshore RMB exchange rate against the US dollar dropped more than 3 percen
t under market pressure as global investors worried about the escalation of trade friction.
Guo Shuqing, Party secretary of the People’s Bank of China, the central bank, said on Monday that higher US tariffs on Chin
a’s imports triggered financial market volatility, and this also affected the offshore RMB.