Commerce ministry spokesman Gao Feng said the act “undermines the international trade order and endangers the global supply chain”. Photo: AP
Economy /  China Economy

China says it will monitor impact of US defence act on Chinese firms

  • Commerce ministry calls legislation ‘full of political biases’, saying sanctions are ‘evidence of government intervention in normal corporate operations’
  • Defence spokesman also hits out, urging Washington to ‘abandon its cold war mentality’ and stop interfering in its domestic affairs
Topic |   China economy
SCMP
Orange Wang and Frank Tang in Beijing

Updated: 12:42pm, 30 Dec, 2019

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Commerce ministry spokesman Gao Feng said the act “undermines the international trade order and endangers the global supply chain”. Photo: AP
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.

Frank Tang

Frank Tang

Frank Tang joined the SCMP in 2016 after a decade of China economy coverage and government policy analysis.