BEIJING: China on Thursday (Aug 8) denounced rules unveiled by the United States that ban technology giant Huawei and other Chinese firms from ...
from government contracts as"abuse of state power" in the latest move in the escalating China-US trade war.
The ban on Chinese tech firms comes amid a heated dispute between the two economic powers over international trade rules.Last week, US President Donald Trump announced new tariffs on another US$300 billion in Chinese imports and formally branded Beijing as a currency manipulator on Monday, in response to a drop in value of the yuan.
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