Chinese tech giant criticises US for 'politicising business'

  • 📰 staronline
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

BEIJING: One of China’s biggest tech companies on Monday (May 25) has criticised the Trump administration for 'politicising business” after it slapped export sanctions on 33 more Chinese enterprises and government entities.

BEIJING: One of China’s biggest tech companies on Monday has criticised the Trump administration for"politicising business” after it slapped export sanctions on 33 more Chinese enterprises and government entities.

The most prominent name on the latest blacklist is Qihoo 360, a major supplier of anti-virus software and a web browser. Qihoo 360 and other companies didn’t immediately respond to questions Monday about which US technologies they use and how the restrictions might affect their businesses. The Chinese government had no immediate comment.

Complaints about Beijing’s technology ambitions prompted Trump to raise duties on Chinese imports in 2018, triggering a tariff war that has weighed on global trade. The two governments signed a truce in January but Trump has threatened to back out if China fails to buy more American exports.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines