China protests US government over restrictions on Chinese companies

The Chinese authorities believe that the recently approved US military budget for 2020 limits the rights of China companies and express strong protest in this regard. This was announced on Thursday by the official representative of the Ministry of Commerce of China, Gao Feng.

“We noticed that the text of the United States defense budget already adopted for 2020 contains many items that infringe on the interests of Chinese enterprises. We express our strong protest in this regard,” he stressed at a regular briefing. “We believe that this budget document It has a restraining effect on purchases of Chinese products and toughens sanctions against Chinese companies, thus, the US side at the state level roughly interferes in the regular commercial activities of our companies. business “.

According to Gao Feng, Washington is thus violating the rules of equitable free trade, undermining the security of global supply chains. “We demand that the United States show respect for market principles, stop resorting to measures that rely on prejudices and concepts of the Cold War <…>, abandon erroneous actions and create conditions for the normal operation of Chinese enterprises,” the representative summed up.

On December 20, US President Donald Trump signed a draft military budget for fiscal year 2020, which began on October 1. It also prescribes monitoring the development of the Russian-Chinese military partnership. Expressing support for the protesters in Hong Kong, the American side also intends to strengthen Taiwan’s defense capabilities and combat readiness through joint exercises and arms sales. In addition, the document contains paragraphs relating to the trade sector and, in the opinion of the Chinese side, “infringing on the rights of Chinese enterprises.”

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