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1/8, 9:10 AM (Source: TeleTrader)
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China condemns US's 'shortsighted' behavior

Bejing criticized on Friday the United States' behavior in relation to China's telecoms companies, calling the approach "shortsighted."

The country's Ministry of Foreign Affairs spokeswoman Hua Chunying (pictured) claimed Washington will undermine its own interests with its actions.

China Mobile, China Telecom, and China Unicom Hong Kong were pulled by MSCI Inc. and FTSE Russell after the US implemented a rule preventing Americans from investing in Chinese companies suspected of having links with China's military.

Breaking the News / MD