A spokesman for the Chinese government has called on Washington to treat Chinese companies fairly, according to a report in the Financial Times.
A spokesman for the Ministry of Commerce, Yao Jian, reportedly said that attempts by Washington to block…
A spokesman for the Chinese government has called on Washington to treat Chinese companies fairly, according to a report in the Financial Times.
A spokesman for the Ministry of Commerce, Yao Jian, reportedly said that attempts by Washington to block Chinese investments in the US could affect bilateral cooperation to some extent.
He also said that the government hoped that US laws and regulations can treat Chinese companies fairly – regardless of whether they are publicly-traded, state-owened, or private – and can carry out a transparent review.
Jian’s comments come after the recent controversy regarding Chinese vendor Huawei’s acquisition of the US server company 3Leaf Systems.
President Obama may need to decide on whether to approve Chinese vendor Huawei’s acquisition of US server company 3Leaf Systems as a government panel seems set to recommend that the transaction be rejected.
According to reports, the Committee on Foreign Investment in the US (CFIUS) had told Huawei that if it did not divest 3Leaf Systems, the committee would recommend to the president that the transaction should be blocked.
Huawei has reportedly decided to let the decision go forward to the president.
