Free Trial

MNI BRIEF: U.S. Should Stop Sanctioning China Firms-MOFCOM

MNI (Singapore)

The U.S. should stop sanctioning Chinese companies for reasons related to Russia and Iran, Shu Jueting, spokeswoman of the Ministry of Commerce said at a briefing on Thursday, adding that China will take necessary measures to resolutely safeguard the legitimate rights and interests of its enterprises

Beijing opposes such wrongdoing, which is a typical act of economic coercion, seriously undermining the international economic and trade order and rules, according to Shu, calling for the U.S. to meet China halfway to contribute more to global supply chain stability and economic recovery.

True
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.