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Economy

China firmly opposes U.S. sanctions on Chinese entities

2023-11-07 08:27:14chinadaily.com.cn Editor : Li Yan ECNS App Download

China firmly opposes the United States Department of Treasury's sanctions imposed on certain Chinese entities with so-called Russia-related excuses, a spokesperson for the Ministry of Commerce said on Monday.

China took notice that the U.S. Department of Treasury placed some Chinese entities on its "specially designated nationals list" for alleged involvement with Russia, which China expressed strong dissatisfaction over and resolute objection to, the spokesperson said.

Noting the U.S. approach as typical unilateral sanctions and long-arm jurisdiction, the spokesperson said such acts undermine the order and rules of international trade, and affect the security and stability of the global industrial and supply chain.

The U.S. should immediately stop its unreasonable suppression towards Chinese enterprises. China will resolutely safeguard the legitimate rights and interests of Chinese enterprises, the spokesperson added.

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