China-US Trade Frictions: Beijing rubbishes claim Chinese firms undermining US national security
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The Chinese Foreign Ministry says US claims that Chinese companies are using trans-border investment to acquire sensitive technologies, which could undermine US national security are rubbish. In answering a question on the matter during a routine press briefing Tuesday, the foreign ministry spokesperson said the accusation is groundless.
HUA CHUNYING, SPOKESPERSON CHINESE FOREIGN MINISTRY "It is true that the US has been trying to make an issue of China-US trade ties under the pretext of national security recently, such as the imposition of tariffs on Chinese steel and aluminum. I don't know whether you are aware that Chinese steel only accounts for less than three percent of total US steel imports. It's hard to understand why such a low ratio of steel imports from China could pose a threat to America's national security."