China Vows Action to Protect Companies After U.S. Trade Ban

The ministry highlighted that on July 30, senior negotiators from China and the United States held a video‑conference to discuss maintaining stable trade and economic ties. A day later, the United States took the harsh step of listing Chinese companies, undermining the consensus reached by the two leaders. Beijing reiterated its resolve to defend the legitimate interests of its businesses and warned of possible counter‑measures if the pressure continues.