On the afternoon of December 12, the Ministry of Commerce held a regular press conference. Reporter: According to reports, the US House of Representatives will vote on an annual defense bill, which includes funding of more than 3 billion USD for US telecommunications companies to remove Communication Equipment from China’s Huawei and ZTE from US wireless networks to "address security risks." What is the Ministry of Commerce's response to this? Ministry of Commerce spokesperson He Yadong: We noted the information from relevant media. The US claims that Chinese information and communication products pose security risks, which has no factual basis. China firmly opposes the US's generalized Concept of National Security, which violates the principles of market economy and fair competition, and interferes with normal economic and trade cooperation between China and the USA. We hope the US will respect the facts and stop politicizing and weaponizing economic and trade issues. China will take all necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises.

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商务部回应美涉电信公司移除中国产品法案
The Ministry of Commerce responds to the USA's removal of Chinese products from telecommunications companies.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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