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China to protect 'legitimate rights' after US penalizes ZTE

AP  |  Beijing 

says it is ready to protect its "legitimate rights" after US authorities penalized a Chinese over a case involving exports to and

The said today it hoped would treat fairly after US authorities concluded it paid bonuses to employees involved in a scheme to ship equipment to and instead of disciplining them as it promised in 2017.

The yesterday barred ZTE, one of China's most companies, for seven years from importing American components.

The said will "stand ready to take necessary measures to safeguard the legitimate rights and interests of Chinese companies.

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

First Published: Tue, April 17 2018. 07:40 IST