China says US is ‘abusing state power’ with new attacks on its companies
CHINA accused the United States today of “abusing state power” by using bogus national security concerns to “suppress foreign enterprises.”
It hit back following a US decision to add China’s largest producer of processor chips, the Semiconductor Manufacturing International Corporation (SMIC), and the China National Offshore Oil Corporation to a blacklist limiting access to US technology or investment.
The attacks on Thursday are part of Washington’s global drive to close off access to technology or foreign components for Chinese high-tech firms such as Huawei, which has included putting pressure on US allies such as Britain to stop working with such firms.
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