BUSINESS China hits back at potential US blacklist of Ant Group


China hits back at potential US blacklist of Ant Group

China Daily

17:26, October 15, 2020

File photo: AFP

China opposes the United States' practice to abuse the concept of "national security" to oppress foreign companies, Foreign Ministry spokesman Zhao Lijian said at a daily news briefing.

The US side should respect market economies and the principle of fair competition, abide global economic and trade rules and provide an open, fair and non-discriminatory business environment, Zhao said.

The Chinese government will continue taking necessary measures to safeguard the legitimate rights of Chinese companies, he added.

Media earlier reported the US State Department has submitted a proposal for the Trump administration to add China's Ant Group to a trade blacklist.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue