China says US needs to fix 'wrong actions' as Huawei ban rattles supply chains

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China says US needs to fix 'wrong actions' as Huawei ban rattles supply chains
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BEIJING: China said the United States needs to correct its 'wrong actions' in order for trade talks to continue after it blacklisted Huawei, a ...

BEIJING: China said the United States needs to correct its"wrong actions" in order for trade talks to continue after it blacklisted Huawei, a blow that has rippled through global supply chains and battered technology shares.

"We will closely monitor relevant developments and prepare necessary responses," he said, without elaborating. Japan's Toshiba Corp said it had resumed some shipments to Huawei after temporarily suspending shipments to check whether they included U.S.-made components. He said Huawei had a long-term agreement with ARM and speculated the British firm had made such a move because its parent, Japan's SoftBank Group Corp, was waiting for U.S. approval for the merger of Sprint Corp, which it owns, and T-Mobile US Inc.

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