x

Door will only open wider to foreign companies: FM

 

 

China’s Foreign Ministry on June 10th denied allegations that the Chinese government has threatened to retaliate against companies from the US and the UK over their decisions to cut supplies to Chinese telecom company Huawei, saying that China’s door will open only wider to foreign businesses.

 

Asked at a routine press briefing about a meeting between Chinese officials and several global technology companies, Geng Shuang, a spokesperson for the ministry, said that he did not have information about the specific situation but maintained that such meetings between regulators and businesses operating in China are “normal”.

 

The New York Times reported on June 1st that China’s National Development and Reform Commission, the country’s top economic planner, held meetings with major technology companies including Microsoft and Dell from the US, Samsung from South Korea and ARM holdings from the UK to “warn” them of “dire consequences” if they cooperate with the US administration’s ban on Huawei.

 

Geng said on June 10th that China continues to welcome foreign companies to invest in the Chinese market. “China’s door will only open wider to the outside world and we will strive to continuously improve investment and the business environment and create a more beneficial and friendly environment for foreign companies,” he said.

 

Source:Global Times

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Military Neutralizes Bandit, Arrests Gunrunner, Recovers Arms in Plateau

By Israel Adamu, Jos Troops of the 3 Division and...

MDCAN Backs NMA’s 21-Day Ultimatum to FG Over Controversial Circular

By Israel Adamu, Jos The Medical and Dental Consultants Association...

Falgore Pledges Stronger Legislative Commitment to Reducing Road Crashes

By Jabiru Hassan The Speaker of the Kano State House...

Kaduna Strengthens Community-Driven Response to Climate Shocks

...Unveils Engagement Framework at High-Level Dissemination Event By Achadu Gabriel,...

KDSG to Refund Buyers of Revoked Institutional Houses Starting Monday

By Achadu Gabriel, Kaduna The Kaduna State Government (KDSG) has...

Army Chief to Uba Sani: ‘You Have Made Kaduna Safer’

By Achadu Gabriel, Kaduna The Chief of Army Staff, Lt....

Mass Defection to APC: Ododo’s Performance Yielding Results in Kogi

By Noah Ocheni, Lokoja In a significant political development, thousands...
spot_img

Related Articles

Popular Categories

spot_imgspot_img