{"id":103772,"date":"2021-01-02T10:54:41","date_gmt":"2021-01-02T10:54:41","guid":{"rendered":"https:\/\/fin2me.com\/?p=103772"},"modified":"2021-01-02T10:54:41","modified_gmt":"2021-01-02T10:54:41","slug":"china-says-it-will-take-action-against-u-s-delisting-of-its-telcos","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/china-says-it-will-take-action-against-u-s-delisting-of-its-telcos\/","title":{"rendered":"China says it will take action against U.S. delisting of its telcos"},"content":{"rendered":"<figcaption>FILE PHOTO: 5G active antenna units with logos of China Mobile and Huawei are seen in front of a National People&#8217;s Congress (NPC) conference center in Luoyang, Henan province, China February 27, 2019. Picture taken February 27, 2019. REUTERS\/Stringer <\/figcaption><p>SHANGHAI (Reuters) &#8211; China will take \u201cnecessary measures\u201d to safeguard the interests of its companies after the New York Stock Exchange began delisting three Chinese telecom firms accused of having military ties, the country\u2019s commerce ministry said on Saturday.<\/p>\n<p>The NYSE said on Thursday that it would begin delisting China Mobile, China Unicom and China Telecom in response to a decision by President Donald Trump to bar U.S. investment in firms owned or controlled by the Chinese military.<\/p>\n<p>The Chinese Ministry of Commerce said in a statement that the delisting was an abuse of national security and inconsistent with market rules.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/china-usa-telecom\/china-says-it-will-take-action-against-u-s-delisting-of-its-telcos-idUSKBN29708K\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: 5G active antenna units with logos of China Mobile and Huawei are seen in front of a National People&#8217;s Congress (NPC) conference center [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":103771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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