IANS | 20 Apr, 2018
Chinese telecom equipment maker ZTE Corporation said on Friday it will
not accept a ban by the US on the company, terming the decision
"extremely unfair".
The announcement came after the US Department
of Commerce imposed denial of export privileges against ZTE for alleged
violations of the Export Administration Regulations earlier this week,
Xinhua news agency reported.
The Shenzhen-based company said it
is determined to take all means permitted by law to safeguard its
legitimate rights and interests, while it will continue efforts to solve
the issue through dialogue.
China's Ministry of Commerce (MOC)
said Thursday that the US action against ZTE will damage itself. "The
action targets China, however, it will ultimately undermine the US
itself," said MOC spokesperson Gao Feng.
