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U.S. Removes Chinese Firms From "Unverified List" - MOFCOM

CHINA PRESS
MNI (BEIJING)

Chinese and American companies will benefit from the U.S. action to remove 27 Chinese entities from its "unverified list" of export control which will help normalise trade between the two countries, according to a statement from the Ministry of Commerce. China and the U.S. made joint efforts prior to the decision, which was in the common interests of both parties, the ministry said. According to National Business Daily, MOFCOM has long argued the U.S should correct its trade practices and work with global partners to stabilise global supply chains.

MNI Beijing Bureau | lewis.porylo@marketnews.com
Energy BulletsCommoditiesUS
MNI Beijing Bureau | lewis.porylo@marketnews.com
Energy BulletsCommoditiesUS

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