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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