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China's Ministry of Commerce spokesman said on Thursday that China will pay close attention to the development of the United States sanction ZTE communications (000063.SZ) situation, ready to take the necessary measures to safeguard the legitimate rights and interests of Chinese enterprises, and reiterate that China does not want the Sino US trade frictions to escalate, but what is ready to deal with it has not begun at present. Close 301 investigation and negotiations on the US tariff list.
When he talked about ZTE, he said at a regular press conference in the Ministry of commerce that the surface of the US side was aimed at China, but ultimately it hurt itself, not only losing tens of thousands of employment opportunities, but also damaging the rights and interests of related related enterprises. The act of the United States has raised concerns about the trade and investment environment of the United States, and hoped that the US side would not be wise, or else it would only take its own course.
US officials said on Monday that the U. S. commerce department has banned the country's companies from selling parts to China Telecom equipment maker ZTE in seven years, as it violated the agreement with the US government after being found to sell goods illegally to Iran.
The summit also pointed out that China's "double counter" (anti-dumping and countervailing) import of Sorghum in the United States (anti dumping and countervailing) is strictly in accordance with the rules of the WTO and belongs to the case; and the American tax imposed on the Chinese sorghum has little impact on the Chinese side, and the Chinese side is fully prepared and has the ability to resolve the challenges brought by the trade friction.
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