China opposes U.S. politicizing trade issues

The U.S. should stop abusing national security and state power to suppressChinese companies, Chinese Foreign Ministry spokespersonHua Chunying said at a press briefing on Monday, blasting the U.S.'s delisting of three Chinese telcos as politicizing trade issues.

The remark came after the New York Stock Exchange (NYSE) announced last Thursday that it would begin delisting China Telecom Corp. Limited, China Mobile Limited, and China Unicom Hong Kong Limited, abiding by an executive order from U.S. President Donald Trump that imposes restrictions on companies identified as "affiliated with the Chinese military."

"China hopes that the U.S. will respect the market, the rule of law, and do more things that are conducive to the stable development of the global economy," Hua said, adding that China willtake necessary measures to protect the interests of Chinese enterprises.

Over the weekend, China's Ministry of Commerce (MOFCOM) and the China Securities Regulatory Commission (CSRC)have respectively voiced strong opposition to the move, vowing to firmly supportChina's three big telcosto protect their rights and interests.

According to the three companies' statements, none of them have received notification from the NYSE on its decision to delist their American Depositary Shares (ADSs).

China's telcos say they haven't received NYSE's delisting notification

CSRC supports Chinese telecom firms protecting their rights

CSRC vice chairman: U.S. limit on Chinese companies is 'self-sabotage'

China vows 'necessary measures' as U.S. delists Chinese telecom firms