China condems US sanctions against Chinese arms maker.

The transcript covers a formal address where the speaker greets the audience and discusses the diplomatic tensions between China and the USA. The speaker criticizes the US for imposing sanctions based on incorrect intelligence and urges the US to lift these sanctions to maintain cooperation in non-proliferation and regional issues.

What was the context of the meeting mentioned in the text?

What is the speaker's stance on the acceptance of the current situation by China?