Home / Market Update / China Strongly Rejects US Measures Against Huawei

China Strongly Rejects US Measures Against Huawei

China said it rejected the US crackdown on Huawei after the administration of US President Donald Trump announced it would tighten restrictions imposed on the company.

During his daily press testimony, Chinese Foreign Ministry spokesman Zhao Lijian urged the United States to stop undermining confidence in Chinese companies.

Zhao said the Chinese government would continue to take all necessary measures to protect the legitimate rights of Chinese companies.

Check Also

Daly Signals Caution: Fed Ready to Hold, But Not Ruling Out Rate Cuts

Mary Daly has reinforced the Federal Reserve’s cautious stance, emphasizing that interest rates will likely …