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China to take necessary measures to safeguard Chinese firm’s interests

BEIJING: China says it would take all necessary measures to safeguard legitimate interests of its companies after the United States blacklisted five firms.

At a regular news briefing in Beijing on Thursday, a Foreign Ministry spokesman Zhao Lijian strongly condemns the United States’ sanctions against Chinese companies.

Earlier, the Biden Administration ordered a ban on US imports of a key solar panel material from Chinese-based Hoshine Silicon Industry over forced labour allegations.

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