Business Standard

Sunday, December 22, 2024 | 04:05 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

China calls on US to protect business environment

Image

AP Beijing

China has called on Washington to avoid damaging business confidence following a report US authorities are investigating whether Chinese tech giant Huawei violated sanctions on Iran.

A foreign ministry spokeswoman, Hua Chunying, said today that China opposes any country imposing unilateral sanctions based on its own law.

Asked about a report by the The Wall Street Journal that Huawei was under investigation, Hua said, "We hope the US will refrain from taking actions that could further undermine investor confidence in the US business environment and harm its domestic economy and normal, open, transparent and win-win international trade."

In a separate case, Washington barred ZTE Corp., another Chinese tech company, from exporting US technology in a case over exports to Iran and North Korea. ZTE warned that might threaten its survival.

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 26 2018 | 2:35 PM IST

Explore News