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China urges U.S. to stop abusing concept of national security and abusing Chinese firms

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Via Yahoo Finance

BEIJING (Reuters) – China said on Monday the United States should stop abusing the concept of national security and abusing Chinese companies after the U.S. designated tech firms Huawei and ZTE <000063.SZ> as national security risks.

Foreign ministry spokesman Geng Shuang made the comments during a daily briefing.

The U.S. Federal Communications Commission (FCC) voted 5-0 on Friday to designate Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment.

(Reporting by Gabriel Crossley; Editing by Kim Coghill)

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