China to Safeguard Businesses Impacted by US Sanctions
The Chinese Ministry of Commerce has declared its intention to take necessary measures to protect the legitimate rights and interests of Chinese companies affected by recent US sanctions. This comes after the US imposed nearly 300 new sanctions on entities allegedly supporting Russia's military-industrial base, including over 20 companies from mainland China and Hong Kong.
He Yadong, spokesperson for the Ministry of Commerce, expressed China's consistent opposition to unilateral sanctions lacking international legal basis and authorization from the UN Security Council. He characterized the US sanctions on Chinese companies as a form of unilateral hegemonic and economic coercion, which China strongly opposes. He urged the US to immediately cease its unreasonable suppression of Chinese enterprises.
The Ministry of Commerce's statement underscores China's commitment to defending its businesses from what it perceives as unfair and unwarranted actions by the US. It remains to be seen what specific measures China will take in response to the sanctions. However, this development highlights the ongoing tensions between the two countries and the potential for further economic repercussions.
5 Comments
Matzomaster
This is just China trying to shift blame onto the US for their own actions.
Rotfront
China's opposition to unilateral sanctions is hypocritical given their own economic coercion tactics.
Karamba
The US needs to stand firm against China's blatant disregard for international law.
Loubianka
This is just China trying to play the victim when they are clearly engaged in unfair trade practices.
KittyKat
The US should not back down in the face of China's attempts to manipulate the situation.