China warned Washington on Thursday it will “resolutely safeguard” its interests ahead of a possible decision in an investigation into whether Beijing improperly pressures foreign companies to hand over technology.

The United States (US) is disrupting the international trading order by carrying out the “Section 301” investigation under its own laws instead of through the World Trade Organization (WTO), said Commerce Ministry spokesman Gao Feng.

Trump ordered US trade officials in August to investigate whether Beijing uses market access restrictions or other tools to compel foreign companies to hand over technology. A decision is expected as early as this month, though American officials have set no date.

“If the United States insists on unilateral and protectionist practices that will undermine the interests of China, we will take all necessary measures and resolutely safeguard the legitimate rights and interests of China,” Gao said at a regular briefing.

If the investigation concludes Beijing acted improperly, Washington could seek remedies either through the WTO or outside of it.

Gao gave no indication of how Beijing might respond but Chinese law gives regulators broad discretion over what foreign companies can do in China.

Gao also criticised the US for using “so-called national security” as a reason to block a Chinese billionaire's acquisition of money transfer service MoneyGram.

The proposed purchase by e-commerce tycoon Jack Ma's Ant Financial Group was a “normal commercial investment,” said Gao.

The deal was called off last week after failing to win approval from a US government panel that reviews proposed acquisitions of American companies for possible threats to national security.

“We regret to note that normal commercial investment and mergers and acquisitions conducted by Chinese enterprises in the United States are once again hindered by so-called 'national security',” said Gao.

He added that Beijing has no objection to a “normal security review” but worries other governments use them as an excuse to set up barriers to unfairly stop unwanted activity.

Opinion

Editorial

Punishing evaders
02 May, 2024

Punishing evaders

THE FBR’s decision to block mobile phone connections of more than half a million individuals who did not file...
Engaging Riyadh
Updated 02 May, 2024

Engaging Riyadh

It must be stressed that to pull in maximum foreign investment, a climate of domestic political stability is crucial.
Freedom to question
02 May, 2024

Freedom to question

WITH frequently suspended freedoms, increasing violence and few to speak out for the oppressed, it is unlikely that...
Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.