Beijing urges U.S. to provide fair, open business environment

The U.S. State Department has threatened to take punitive measures against financial institutions anywhere in the world if they do business with Hong Kong's chief executive Carrie Lam and other senior officials. Earlier, Reuters reported that the Trump administration was considering blacklisting Chinese FinTech giant Ant Group. China's foreign ministry called on the United States to respect international trade rules during a regular press conference on Thursday.