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7/16, 11:22 AM (Source: TeleTrader)
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China signals response to UK's Huawei ban

China's Ministry of Commerce announced on Thursday that the country will take action to protect the rights of Huawei Technologies Company Ltd. after the United Kingdom's decision to ban the telecommunications giant from the country's 5G network infrastructure.

"China is evaluating the UK actions that have betrayed free trade principles and will take necessary measures to resolutely defend Chinese firms' legal rights," the ministry's spokesman revealed during a briefing.

Chinese officials have criticized the UK's action earlier today, claiming that it means that Britain "lost its independence" to the United States.

Breaking the News / BU