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China announces business restrictions on foreign companies

2020-09-19T06:23:38.854Z


The Chinese government has announced the establishment of a mechanism that will allow it to limit the activities of foreign companies, a measure widely perceived as a retaliation against the United States after the ban on TikTok and WeChat decided by ... (ANSA)


(ANSA) - SHANGHAI, 19 SEPT - The Chinese government has announced the establishment of a mechanism that will allow it to limit the activities of foreign companies, a measure widely perceived as a retaliation against the United States after the ban on TikTok and WeChat decided by Donald Trump .

The announcement comes from the Chinese Commerce Department and, without mentioning the United States, is aimed at companies whose activities "undermine China's national sovereignty and its security and development interests."


    The announcement comes as the United States has banned the download, starting tomorrow, of the TikTok eWeChat applications owned by the Chinese giants ByteDance and Tencent. In a previous statement, the Chinese Commerce Ministry accused Washington of practicing "intimidation" and "bullying". (HANDLE).


Source: ansa

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