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China calls on the United States to respect market law and corporate choices

2022-11-26T08:44:18.712Z

Beijing, SANA- China called on the United States of America to stop politicizing economic, trade and world issues



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China called on the United States to stop politicizing economic, trade, scientific and technological issues, blocking and obstructing Chinese companies, and respecting the law of market economy.

According to media reports, an American industrial alliance sent a letter to Jack Reed, Chairman of the Armed Services Committee in the US Senate, and James Inhofe, a member of the committee, stating: “The amendment to the National Defense Authorization Act of 2023 that prohibits government agencies from dealing with Chinese semiconductor manufacturers has not been It is clearly defined in laws or regulations, and it will pose huge burdens for contractors and the government.”

In response to that letter, Chinese Foreign Ministry spokeswoman Mao Ning said during a press conference yesterday, reported by Xinhua: “The US National Defense Authorization Act is basically domestic legislation of the United States, however, we firmly reject the inclusion of negative content about China in the draft legislation. Global industrial and supply chains are shaped by both market law and corporate choices.

Mao added: The message from the US business community shows that arbitrary disruption and damage to global industrial and supply chains does not serve anyone's interests, and such measures will not have any support.

She made it clear that the United States needs to listen to domestic voices calling for reason, stop politicizing economic, trade, scientific and technological issues, arming them and ideology, stop blocking and obstructing Chinese companies, respecting the law of market economy and free trade rules, and defending the security and stability of global industrial and supply chains.

The US administration had earlier banned the approval of the purchase of new communications equipment from the two Chinese companies, Huawei Technology and ZTI, claiming that it posed an “unacceptable threat” to US national security.

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Source: sena

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