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China Says US Is Trying to Block Its Economic Development

Video Credit: Newsy Studio - Duration: 01:10s - Published < > Embed
China Says US Is Trying to Block Its Economic Development

China Says US Is Trying to Block Its Economic Development

A Chinese Foreign Ministry spokesperson said the U.S. is using "political means" to interfere with economic activity.

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China Says US Is Trying to Block Its Economic Development

China says  the U.S. is trying to block its economic development after recent Trump administration comments about one of China's top tech firms.  Multiple outlets  report a spokesperson for China's Foreign Ministry said the U.S. has been using "political means" to interfere in China's economic activity, calling it "unfair bullying."  It's in response to a speech Vice President Mike Pence gave in Germany over the weekend.

He warned European leaders not to use Chinese telecommunications companies and called tech giant Huawei a security threat to the U.S.  But Pence's comments weren't much of a surprise.

The Trump administration has been expressing concerns about Huawei since last year, citing potential security risks.  And in January,  the Justice Department  filed charges against the tech giant and its CFO, alleging they'd stolen trade secrets and bypassed U.S. sanctions on Iran.  Huawei's denied  those allegations.

Huawei  could also be an obstacle in  ongoing trade talks  between the U.S. and China.

The U.S. has said its recent actions against Huawei shouldn't affect the negotiations, but it's not clear where China stands on the issue.  So far, the White House hasn't issued a statement about China's comments.  Additional reporting from  Newsy affiliate CNN . 




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