CHINA China firmly opposes US bullying of non-US enterprises

CHINA

China firmly opposes US bullying of non-US enterprises

Xinhua

06:51, August 05, 2020

BEIJING, Aug. 4 (Xinhua) -- China firmly opposes the U.S. side's blatant bullying of certain non-U.S. enterprises in violation of market economy rules and the WTO principles of openness, transparency and non-discrimination, a foreign ministry spokesperson said Tuesday.

Spokesman Wang Wenbin made the remarks at a press briefing while commenting on U.S. announcement that TikTok, a Chinese video-sharing app, will be out of business in the United States if it is not sold to a U.S. company before Sept. 15.

"For a while, without providing any evidence, the United States has stretched the concept of national security and abused its state power to bring down certain non-U.S. enterprises. Such practice goes against market economy rules and the WTO principles of openness, transparency and non-discrimination," Wang said.

"It is a blatant act of bullying, to which China firmly opposes. We have noticed that it has also drawn a flurry of criticisms and doubts in the United States and from the international community," he added.

Relevant companies do business in the United States in accordance with market principles and international rules, and abide by U.S. laws and regulations, according to Wang.

However, the U.S. side imposes restrictions and oppresses them on the pretext of trumped-up charges, which is nothing but political manipulation, he said. "The hypocrisy of the so-called fair competition touted by the United States has been laid bare, seriously damaging its national credibility and image."

d51aba083f4a4ed485bd2143b533eab4.jpeg

File photo

"If the United States goes like this way, then any country can take similar measures against any U.S. company on the grounds of national security. The United States must not open Pandora's box, or it will suffer the consequences," Wang said.

"We call on the U.S. side to heed the rational voice from home and the international community, refrain from politicizing economic issues, provide an open, fair, just and non-discriminatory business environment for market players from other countries investing and operating in the United States, and do more that is conducive to global economic development," he said.

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