China Threatens Counter Measure after US Blacklists 59 of its Firms
Upping the ante against the United States, China has threatened to
impose countermeasures after Washington decided to blacklist 59 Chinese companies.
Chinese Ministry of Commerce on
Saturday said that the US has "abused" export controls to suppress
enterprises, institutions, and individuals of other countries, Xinhua reported.
The US Department of
Commerce has added 59
Chinese entities to its export-control Entity List including Semiconductor
Manufacturing International Corporation (SMIC)
for activities that undermine America's national security and foreign policy interests.
The Bureau of Industry and Security
(BIS) in the Department of Commerce
added SMIC of China to the Entity List due to China's military-civil fusion
(MCF) doctrine and evidence of activities between SMIC and entities of concern
in the Chinese military-industrial complex.
China is firmly opposed to the
United States adding 59 Chinese entities to its "entity list" of
export controls, a spokesperson for the Chinese Ministry of Commerce said on
Saturday.
China will take necessary measures
to protect Chinese companies' legitimate rights and interests, said the
spokesperson.
China has urged the United States to
stop such unilateral behaviour.
"We once again urge the United
States to stop such unilateral and bullying behaviour,
and give Chinese and other foreign companies fair
treatment," the spokesperson said.
"The United States should do
more to enhance China-U.S. economic and trade cooperation and promote global
economic recovery," the spokesperson added.
China and the US are at loggerheads
since President Donald Trump took
office over many issues including trade, Indo-Pacific, coronavirus, Hong Kong,
and Uyghur. The tensions between the
two countries have escalated in recent times.