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Abu Dhabi, UAESaturday 23 June 2018

China says US measures against investments break WTO rules

Beijing says it reserves the right to take countermeasures to protect its interests

A Chinese flag in front of the Friendship bridge over the Yalu River connecting North Korea and China. Chinese commerce ministry says the US measures against China’s investments are against World Trade Organization rules. Reuters
A Chinese flag in front of the Friendship bridge over the Yalu River connecting North Korea and China. Chinese commerce ministry says the US measures against China’s investments are against World Trade Organization rules. Reuters

United States measures against China’s investments are against World Trade Organisation rules, and China reserves the right to take countermeasures, the Chinese commerce ministry said on Thursday.

China is not willing to see an escalation in Sino-US trade frictions, and believes the two countries have huge potential for co-operation, Ministry of Commerce spokesman Gao Feng said at a regular news briefing.

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After trade tensions between the two countries appeared to cool following talks in Washington earlier in May, the US on Tuesday said it still holds a threat of imposing tariffs and will press ahead with restrictions on investment by Chinese companies in the US.