China reiterates stance on trade friction with US

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China on Tuesday reiterated its stance on the trade friction with the US, saying the country is ready to take decisive measures if the US insists on moving against the tide.

Hua Chunying, spokesperson of Chinese Ministry of Foreign Affairs, made the remarks hours after the US Department of Commerce initiated a denial order prohibiting US companies from exporting technology to Chinese telecom equipment maker ZTE on Tuesday.

If the US continues its recklessness and willfulness and insists on moving against the tide, China will take decisive measures and win the battle for multilateralism and free trade, said Hua.

It’s not only for defending Chinese just and lawful rights and interests, but also to safeguard the rule of the world’s multilateral trade system, Hua added.

On the same day, Chinese Ministry of Commerce (MoC) has also made a comment on the denial order, saying it will closely observe developments, and is prepared to take necessary measures to safeguard the interests of Chinese companies overseas.

The MoC, in a statement on its website, added further that it hopes the US deals with the matter rationally and in accordance with the law.

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