US urged not to suppress Chinese enterprises

Chinese foreign ministry spokesperson Zhao Lijian gestures during a press briefing in Beijing on Monday, Nov. 23, 2020. - AP

BEIJING (China Daily/ANN): China has urged the United States on Monday (Nov 23) to immediately stop its practice of abusing the concept of national security to suppress foreign enterprises after reports showed Washington is close to banning technology exports to 89 Chinese enterprises.

The lists include Chinese aerospace and other companies, which will be restricted from buying a range of US goods and technology, Reuters reported.

China firmly opposes unwarranted US suppression of Chinese companies, Foreign Ministry spokesman Zhao Lijian said at a daily news conference.

The move came 10 days after US President Donald Trump unveiled an executive order prohibiting US investments in Chinese companies that Washington claims are owned or controlled by the Chinese military.

"The US move seriously violated the principle of market competition and international trade rules it has always boasted of, and will definitely damage the interests and image of the US," Zhao said.

Chinese companies have always adhered to laws and regulations when conducting business, and strictly abide by the laws and regulations of various countries, including the US, in their international operations.

Also on Monday, Zhao expressed regret at the briefing on the US withdrawal from the Treaty on Open Skies despite opposition from the international community.

"It is not an attitude and a practice that a major country should take to wantonly pull out of international treaties," Zhao said.

The US move undermines military mutual trust and transparency among relevant countries, which is not conducive to maintaining security and stability in relevant regions, Zhao said.

The move will also have a negative impact on the international arms control and disarmament process, he said.

The US should seriously respond to the concerns of Russia and other contracting states as well as the international community and resolve differences through dialogue, he added. - China Daily/Asia News Network

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China , US , Zhao Lijian , ban , technology exports


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