China vows all necessary measures to protect its firms following U.S. curbs on Huawei

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August 20, 2020

China will take “all necessary measures” to protect its firms’ legitimate interests, the Commerce Ministry said on Thursday, in response to the U.S. move this week to further tighten restrictions on Huawei Technologies Co [HWT.UL].

Reuters

Last Updated: August 20, 2020, 3:18 PM IST

BEIJING China will take “all necessary measures” to protect its firms’ legitimate interests, the Commerce Ministry said on Thursday, in response to the U.S. move this week to further tighten restrictions on Huawei Technologies Co [HWT.UL].

The Trump administration on Monday expanded restrictions announced in May aimed at preventing the Chinese telecommunications giant from obtaining semiconductors without a special licence, and added 38 Huawei affiliates in 21 countries to the U.S. government’s economic blacklist in its crackdown on its access to commercially available chips.

“The U.S. side should immediately correct its wrong behaviours,” the ministry said in a statement released on its website, without giving details on how it might retaliate.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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China vows all necessary measures to protect its firms following U.S. curbs on Huawei

China will take “all necessary measures” to protect its firms’ legitimate interests, the Commerce Ministry said on Thursday, in response to the U.S. move this week to further tighten restrictions on Huawei Technologies Co [HWT.UL].

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