China firmly opposes the move by the U.S. Department of Commerce to place some Chinese companies on its export control "entity list," a spokesperson of the Ministry of Commerce said on Saturday.
The spokesperson made the remarks in response to a media query on the announcement of the U.S. Department of Commerce on Friday.
The spokesperson said the United States has overstretched the concept of national security and abused export control measures to impose sanctions on multiple Chinese entities in fields such as semiconductor, biotechnology, aviation and aerospace, and trade logistics.
Under the guise of maintaining international order and national security, the U.S. side has been exercising unilateralism and bullying. It has placed its own interests above the development rights of other countries, suppressed and contained enterprises from China and other countries, disrupted normal business exchanges between other countries, disrupted normal commercial exchanges among other countries, seriously distorted the global market, infringed upon the legitimate rights and interests of enterprises, and undermined the security and stability of the global supply chain and industrial chain. China firmly opposes it, the spokesperson said.
Starting from Sept 14, China and the United States will hold talks to discuss economic and trade issues in Spain. What is the intention of the U.S. side in imposing sanctions at this moment?
China urges the United States to immediately correct its wrongdoings and stop the unreasonable suppression of Chinese enterprises. China will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises, the spokesperson added.
China firmly opposes US placing Chinese entities on export control list: ministry
Canadian Prime Minister Mark Carney's official visit to China signals a policy shift towards building a more pragmatic relationship between the two countries, according to a Canadian researcher.
Carney arrived in Beijing on Wednesday to begin an official visit to China through Saturday, which marks the first trip by a Canadian Prime Minister to the country in eight years.
Robert Hanlon, director and principal investigator of Canada and the Asia Pacific Policy Project (CAPPP) at Thompson Rivers University in British Columbia, told the China Global Television Network (CGTN) that Carney's visit indicates Canada is recalibrating its strategic perception of China, which could cement the foundation for the country's economic diversification efforts and boost the development of bilateral cooperation.
"I think it's a clear message that he has moved Canada's strategy to a much more pragmatic, interest-based, -focused relationship with our trading partners, moving away from values-based narratives that we might have heard on previous governments. Canada has spoken about moving from what the Prime Minister's Office is calling "from reliance to resilience", and that means diversifying our economies and our trade everywhere in the world. And so China being our second largest trading partner, it makes perfect sense for our PM to head to Beijing," he said.
The scholar also noted the huge cooperation potential between the two sides in economic and trade fields, citing Canada's efforts to step up shipments of liquefied natural gas (LNG) and the planned construction of an oil pipeline in Alberta which aims to increase export access to Asian markets. "Canada and China both share tremendous economic opportunities together and so finding ways to enhance our exports. Canada specifically looking to build out its LNG and oil, kind of export market. We know Canada is a major producer of critical minerals and China is a buyer. And so there's a lot of synergy between that kind of those kind of markets," he said.
Canadian PM's visit to China paves way for more pragmatic trade ties: scholar