Categories: Uncategorized

China opposes U.S. politicizing trade issues on U.S. delisting of Chinese telcos

Monitoring Desk

BEIJING (Reuters) – China said on Monday it firmly opposes the United States government’s behaviour of politicizing 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 U.S. investment in firms owned or controlled by the Chinese military.

Courtesy: Reuters

The Frontier Post

Recent Posts

Yemen’s Houthis launch missile that lands near oil tanker in Red Sea

DUBAI (AP): Yemen’s Houthi militants said Monday they launched a missile at an oil tanker…

8 minutes ago

India backs Myanmar military’s election plan, state media says

(Reuters): India will send teams to monitor a general election in war-torn Myanmar that is…

11 minutes ago

Bangladesh leader warns ‘extremely dangerous’ if polls derailed

DHAKA (AFP): Bangladesh’s leader has warned that any deviation from planned elections would be “extremely…

16 minutes ago

Ukraine suspects Russia involved in killing of former parliamentary speaker, says police chief

KYIV (AP/Reuters): Ukraine suspects Russian involvement in the murder of former parliamentary speaker Andriy Parubiy,…

19 minutes ago

Putin says ‘understandings’ reached at Alaska summit open way to peace in Ukraine

(Reuters): Russian President Vladimir Putin said on Monday that “understandings” he reached with US President…

2 hours ago

Berlin urges Israel to ‘immediately’ improve humanitarian conditions in Gaza

FRANKFURT (AFP) : Israel must “immediately” improve humanitarian conditions in Gaza, the German government’s representative…

2 hours ago

This website uses cookies.