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US-China trade tensions rise via tech sector
The Chinese Ministry of Commerce expressed its rejection of the American decision to add major Chinese technology companies, including Alibaba, Baidu, P.Y.D., and Niu, to the list of companies threatened with restrictions due to their support for the Chinese military. They viewed this move as targeting vital sectors such as technology and solar energy. Beijing also emphasized that it will respond firmly if Washington continues to treat Chinese companies unfairly, while the United States intends to strengthen its measures against key Chinese firms as part of its technological and economic rivalry between the two countries.
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