Chinese state media say the government will create a system to protect China's technology in a spiraling trade dispute with the U.S.
A worker checks on robot arms at a factory in Nanjing in east China's Jiangsu province, Thursday, June 6, 2019. China's Commerce Ministry will release a list of "unreliable" foreign companies in the near future, a spokesman said Thursday, without giving a specific date. The new list, announced last week, is widely seen as a response to a U.S. decision to put Huawei Technologies on a blacklist for alleged theft of intellectual property and evasion of Iran sanctions.
“China ... will never allow certain countries to use China’s technology to contain China’s development and suppress Chinese enterprises,” the main paper of the ruling Communist Party said, without directly referring to the United States. The initiative follows U.S. moves to restrict sales to Huawei Technologies and other Chinese tech firms on national security grounds.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
China wants to pressure the US economy, but the finance sector is probably safe from BeijingTechnology, rare earth minerals and the education sector have been dragged into the scuffle between China and the U.S., but as Beijing considers more countermeasures, experts say that America's financial sector is unlikely to be a target.
Weiterlesen »
BlackRock says a US-China trade deal is likely this year — but markets won't be cheeringEven if the U.S. and China manage to resolve their conflict, investor sentiment will still be weighed down, says BlackRock's Isabelle Mateos y Lago.
Weiterlesen »
US trade deficit smaller in April, but gap with China grewU.S. trade deficit shrank in April—but the politically sensitive deficit with China moved higher.
Weiterlesen »
With Mexico deal done, U.S. urges China to resume trade talksPresident Donald Trump claimed a victory after Washington and Mexico agreed on measures to stem the flow of Central American migrants into the United States.
Weiterlesen »