MNI BRIEF: China Hopes American Firms Act Rationally

China hopes American companies can take practical actions and jointly maintain the stability of global supply chains, said Vice Minister of Commerce Ling Ji at a roundtable meeting for U.S.-funded enterprises, according to a statement on the ministry website Monday.

China's countermeasures will not only safeguard the legitimate rights and interests of companies, including American ones, but also push the U.S. back to the right track of the multilateral trading system, said Ling. (See MNI: China To Hit Back Against US, Seek Europe Ties - Advisors)

Representatives from more than 20 American companies including Tesla, GE HealthCare, and Medtronic attended the conference.