Friday, April 26

Tag: US-China Trade Restrictions

China hits out at US after ZTE Ban
CHINA

China hits out at US after ZTE Ban

China on Friday hit out at the US for its perfectionist policies by imposing restrictions on its tech firms such as ZTE in the name of national security and said Washington was thinking and acting as a "bully". Hua Chunying, Foreign Minister said in her media interaction, We have noticed that the US has been making relevant moves "one by one" accusing China of technology theft and also exclaiming how Chinese products threaten its national security. Talking about the restrictions in high tech field Hua said that he believes that in the name of national security they are favoring protectionism.She further added, In China, a lot of people have iPhone. Do we think it poses a threat? But in the US, if some American consumers buy Huawei cellphone it is regarded as a national security threa...