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China commerce ministry says protectionist sentiment rising in U.S.

Reuters  |  BEIJING 

(Reuters) - China's commerce ministry said on Thursday protectionist sentiment is rising in the U.S. after Chinese company Financial's plan to buy U.S. transfer company International Inc collapsed.

is disappointed that the Financial-deal was rejected on national security grounds, said in regular briefing.

Financial's plan to acquire collapsed last week after panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed under the administration of U.S.

(Reporting by Elias Glenn; Editing by Sam Holmes)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 11 2018. 08:36 IST