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The US dollar appreciated against other major currencies and weakened the US competitiveness of exports, which will enlarge its trade deficits, he added.

The United States, as China's second largest trading partner, has benefited immensely from these initiatives, Cui noted.

The US is the only country in the world where the most money is wasted on tests, according to the co-founder of Microsoft Corporation.

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The US has 1,622 cases, according to data from Johns Hopkins University on Wednesday. The number of people with the disease has doubled since Sunday alone.

The US State Department on Thursday lifted its advisory on avoiding international travel that was put in place five months ago because of COVID-19. The agency said the move was done in coordination with the Centers for Disease Control and Prevention.

The US Federal Reserve on Wednesday raised short-term interest rates by a quarter of a percentage point, but signaled a slower pace of rate hikes next year as the US economy is expected to cool down.

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The United States has repeatedly warned Turkey against purchasing Russian S-400 system. Last month at the Munich Security Conference, Vice President Mike Pence said that the United States "will not stand idly by while NATO allies purchase weapons from our adversaries."

The United States' top diplomat, as well as its president and much of his Republican Party, have not accepted the results of the US election, and the unusual circumstances were likely to overshadow the issues.

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The UK has not followed the US in barring Huawei or its Chinese competitor ZTE, however several British security officials have voiced concern that Chinese participation in the UK's 5G rollout could pose a threat to national security.

The US automotive, technology and agricultural sectors are perhaps the hardest hit by the US-China trade dispute.