China slams U.S. move to blacklist telecom giant Huawei GlobeBusiness
China on Thursday slammed a decision by the U.S. government to put telecom equipment giant Huawei on a blacklist and said it will take steps to protect its companies, in a further test of ties as the superpowers clash over trade.
President Donald Trump separately on Wednesday signed an executive order barring U.S. firms from using telecom equipment made by companies deemed to pose a national security risk. “China will take all the necessary measures to resolutely safeguard the legitimate rights of Chinese firms.” China is also angry about Canada’s arrest of Huawei Chief Financial Officer Meng Wanzhou in December. Meng is facing extradition to the United States on charges that she conspired to defraud global banks about Huawei’s relationship with a company operating in Iran.Separately on Thursday, China’s Foreign Ministry announced the formal arrest of two Canadian citizens who had been detained shortly after Meng’s arrest.
“Negotiations and consultations, to have meaning, must be sincere,” Lu told reporters at a separate daily briefing.
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