China says any further action against companies like Huawei could escalate tensions

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China's Commerce Ministry warned Thursday that U.S. actions against companies such as Huawei could escalate trade tensions.

over threats against American technology. The U.S. Department of Commerce subsequently announced the addition of Huawei Technologies and its affiliates to the Bureau of Industry and Security Entity List. Now U.S. businesses will need a license to sell or transfer technology to Huawei, likely making it far more difficult for the Chinese telecom giant to conduct business with them.

He criticized the use of national security as a tool for protectionism, and emphasized that overseas operations of Chinese companies should respect local laws.

 

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Is the Chinese government writing all your headlines?

Huawei This is not a new development!

Stocks should melt-up on this news...

The irony is that the China Communist Party has been banning foreign companies in China for a long time. It's time they face the consequences.

We don’t need Chinaware

TV18Live Ban apple in return😂

Waaaaah

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