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

Northern Governors Mourn Victims of Niger Tanker Explosion

The Northern States Governors’ Forum (NSGF) has expressed deep...

Nasarawa Farmers Triple Rice Yields with Climate-Smart Farming Innovations

By Abel Zwanke, LafiaFarmers in Nasarawa State have recorded...

ATA 1–1 MIL: Match Review and Updated Serie A...

Today’s Headlines: Galatasaray Recoup €31m From Osimhen Deal; ‘Nigeria...

Wednesday 29 October 2025

Serie A18:30 CET ComovVerona 18:30 CET JuventusvUdinese 18:30 CET RomavParma 20:45...

Justine Madugu Signs New Two-Year Deal as Super Falcons Coach

Super Falcons head coach Justine Madugu has confirmed that...

ATA 1–1 MIL: Match Review and Updated Serie A...

Lookman Rediscovers Scoring Form Ahead of Nigeria’s World Cup Playoff

Ademola Lookman finally ended his goal drought on Tuesday...

Principal Urges Parents to Monitor Children’s Activities to Curb Social Vices

By Noah Ocheni, LokojaThe Principal of GYB Model Science...

CHAIN Urges Federal Government to Adopt National Policy on Religious Freedom and Equal Protection

By Achadu Gabriel, KadunaThe Christian Awareness Initiative of Nigeria...

North-Central APC Forum Backs Mutfwang, Rejects Plateau APC Leaders’ Move to Block Defection

By Israel Adamu, JosThe North-Central All Progressives Congress (APC)...

Related Articles

Popular Categories

spot_imgspot_img