US restrictions on technology exports only worsen trade deficit with China
Date: 06:50, 12-01-2018.
Almaty. January 12. Silkroadnews - The US restrictions on the export of technologies only worsen the trade balance deficit with China, Reuters reports.
“China’s commerce ministry said on Thursday the United States’ restrictions on tech exports to the country will contribute to the trade deficit it has with China,” the report said.
The investigation by the United States under section 301 of the U.S. Trade Act of 1974 is harmful to the global trading structure, the spokesman for the Ministry of Commerce of China Gao Feng said.
Gao added, China will take all necessary means to protect the rights of Chinese firms in connection with this investigation.
