Rolling coverage of the latest economic and financial news
China has taken countermeasures against five U.S.-linked subsidiaries of South Korean shipbuilding firm Hanwha Ocean, Reuters reports.
Organisations and individuals within China are prohibited from engaging in any transactions, cooperation or related activities with these entities, the Chinese commerce ministry said on Tuesday.
“The U.S. side cannot seek talks on one hand while threatening to introduce new restrictive measures on the other. This is not the right way to get along with China.
“China’s position concerning tariff or trade wars has been consistent — if forced to fight, China will fight to the end, and for talks, the door is open.
Continue reading…Rolling coverage of the latest economic and financial newsWhy has US-China trade war restarted and how have markets reacted?China has taken countermeasures against five U.S.-linked subsidiaries of South Korean shipbuilding firm Hanwha Ocean, Reuters reports.Organisations and individuals within China are prohibited from engaging in any transactions, cooperation or related activities with these entities, the Chinese commerce ministry said on Tuesday.“The U.S. side cannot seek talks on one hand while threatening to introduce new restrictive measures on the other. This is not the right way to get along with China.“China’s position concerning tariff or trade wars has been consistent — if forced to fight, China will fight to the end, and for talks, the door is open. Continue reading…
