Beijing says US supply chain curbs sabotage China’s development The Edge Markets


Source: theedgemarkets.com theedgemarkets.com

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- A + A (June 1): The United States is “over-stretching” the concept of national security by imposing supply chain sanctions on China to stymie its growth, according to Chinese Foreign Ministry spokesman Zhao Lijian. “Such moves gravely undermine the legitimate rights and interests of Chinese companies and deprive China of its right to development,” he said Wednesday at a regular press briefing in Beijing. Zhao added that such a strategy would only push the world’s two largest economies to “confrontation and conflict.” US Commerce Secretary Gina Raimondo said Tuesday that the US is mulling adding more Chinese firms to...