CHINA / DIPLOMACY
The US should provide a fair, just business environment for Chinese companies: FM
Published: Oct 29, 2021 02:09 AM
Wang Wenbin, Chinese Foreign Ministry spokesperson Photo: fmprc.gov.cn

Wang Wenbin, Chinese Foreign Ministry spokesperson Photo: fmprc.gov.cn


The US should provide a fair, just, and non-discriminatory business environment for companies from various countries, including Chinese companies, to operate in the country, the Chinese Foreign Ministry spokesperson said on Thursday, in responding to the FBI's raid to the Florida offices of the Chinese POS terminal maker PAX Global Technology.

PAX Global Technology had its Florida offices raided by the FBI on Tuesday under alleged 'national security' reasons, according to media reports, which an expert described as another more radical move from the US.

The Chinese government has always required overseas Chinese companies to carry out mutually beneficial cooperation in accordance with commercial principles and international rules, and on the basis of abiding by local laws, Foreign Ministry spokesperson Wang Wenbin mentioned in a regular press conference on Thursday.

Headquartered in Hong Kong and with R&D and operation centers mainly located in South China's Shenzhen, PAX Global Technology also has branches in the US, Italy, South Korea, Japan and India and has worked with nearly 90 distributors or partners worldwide.

The move came after media reported that Washington had revoked the authorization of China telecom's US unit, another move to suppress Chinese companies under the generalized concept of national security.

"The US swings around on the issue of China and often takes measures that harm others as much as itself," Mei Xinyu, a research fellow at the Chinese Academy of International Trade and Economic Cooperation of China's Ministry of Commerce, told the Global Times on Thursday.

"When a major country does things, the greatest taboo is lacking a persistent policy and determination but unfortunately this is the manifestation of the US policy toward China," Mei said, adding that "US' China policy is still in a state of uncertainty and, if it continues to follow the current situation, it shall lose out the game."

Wang Wenbin, Chinese Foreign Ministry spokesperson Photo: fmprc.gov.cn

Wang Wenbin, Chinese Foreign Ministry spokesperson Photo: fmprc.gov.cn



The US should provide a fair, just, and non-discriminatory business environment for companies from various countries, including Chinese companies, to operate in the country, the Chinese Foreign Ministry spokesperson said on Thursday, in responding to the FBI's raid to the Florida offices of the Chinese POS terminal maker PAX Global Technology.

PAX Global Technology had its Florida offices raided by the FBI on Tuesday under alleged 'national security' reasons, according to media reports, which an expert described as another more radical move from the US.

The Chinese government has always required overseas Chinese companies to carry out mutually beneficial cooperation in accordance with commercial principles and international rules, and on the basis of abiding by local laws, Foreign Ministry spokesperson Wang Wenbin mentioned in a regular press conference on Thursday.

Headquartered in Hong Kong and with R&D and operation centers mainly located in South China's Shenzhen, PAX Global Technology also has branches in the US, Italy, South Korea, Japan and India and has worked with nearly 90 distributors or partners worldwide.

The move came after media reported that Washington had revoked the authorization of China telecom's US unit, another move to suppress Chinese companies under the generalized concept of national security.

"The US swings around on the issue of China and often takes measures that harm others as much as itself," Mei Xinyu, a research fellow at the Chinese Academy of International Trade and Economic Cooperation of China's Ministry of Commerce, told the Global Times on Thursday.

"When a major country does things, the greatest taboo is lacking a persistent policy and determination but unfortunately this is the manifestation of the US policy toward China," Mei said, adding that "US' China policy is still in a state of uncertainty and, if it continues to follow the current situation, it shall lose out the game."