May 17, 2019

China slams U.S. blacklisting of Huawei as trade tensions rise

China slams U.S. blacklisting of Huawei as trade tensions riseChina is strongly against other countries imposing unilateral sanctions on Chinese entities, a Commerce Ministry spokesman said, stressing that the United States should avoid further damaging Sino-U.S. trade relations. The crackdown on Huawei came as U.S. Treasury Secretary Steven Mnuchin said he would visit China soon for more trade talks. The U.S. Commerce Department said on Wednesday it was adding Huawei Technologies Co and 70 affiliates to its so-called "Entity List" in a move that bans the Chinese company from acquiring components and technology from U.S. firms without prior U.S. government approval.




from Yahoo News - Latest News & Headlines https://yhoo.it/2EcB1EI

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