China wants level playing field for its firms in US


China Telecom, China Mobile and China Unicom, three major telecom operators in China, said in separate statements on Monday that their initial evaluations suggested that the ban may affect their stock prices and they are closely following the situation to fully understand the impacts.

BEIJING: China has urged the United States government to stop its crackdown on Chinese companies and provide a fair, just and non-discriminatory environment for Chinese firms operating in the country, according to a statement issued by the Ministry of Commerce.

The ministry made the remarks after the US government on Nov 12 decided to ban US investments in Chinese companies that it claimed are linked to the Chinese military.

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