Monday, January 4, 2021

China says opposes US politicising trade issues on US delisting of Chinese telcos

Beijing will adopt the necessary measures to safeguard the legal rights of Chinese companies, foreign ministry spokeswoman, Hua Chunying, told a regular news briefing. — Reuters pic
Beijing will adopt the necessary measures to safeguard the legal rights of Chinese companies, foreign ministry spokeswoman, Hua Chunying, told a regular news briefing. — Reuters pic

BEIJING, Jan 4 — China said today it firmly opposes the United States government’s behaviour of politicising trade issues after the New York Stock Exchange began delisting three Chinese telecom firms that Washington says have military ties.

Beijing will adopt the necessary measures to safeguard the legal rights of Chinese companies, foreign ministry spokeswoman, Hua Chunying, told a regular news briefing.

The NYSE said last week it would begin delisting China Mobile, China Unicom and China Telecom in response to a decision by President Donald Trump to bar US investment in firms owned or controlled by the Chinese military. — Reuters




Source: Malay Mail

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