Free Trial

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

CHINA PRESS

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
MNI Beijing Bureau | lewis.porylo@marketnews.com

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.