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China commerce ministry says hopes U.S. can appropriately deal with issue on ZTE

Reuters  |  BEIJING 

(Reuters) - China's commerce ministry said on Tuesday that it hopes the can appropriately deal with the issue involving Chinese Corp <000063.SZ><0763.HK> in accordance with laws and rules.

The has banned U.S. companies from selling components to for seven years, U.S. officials said on Monday.

The Chinese commerce ministry said it will closely monitor the situation on and will be prepared to take action to protect the interests of Chinese firms.

(Reporting by Ryan Woo; Editing by Michael Perry)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 10:55 IST