Chinese Foreign Ministry spokesman Lu Kang
China's foreign ministry on Friday urged the United States to view correctly its establishment of diplomatic relations with El Salvador, after the White House criticised the move.
Ministry spokesman Lu Kang made the comment at a daily news briefing in Beijing.
El Salvador this week ended what had been long-standing ties with Taiwan in favour of China.
China has filed a complaint to the World Trade Organisation (WTO) against tariffs slapped by the United States on $16 billion worth of Chinese goods, China's commerce ministry said on Thursday.The two countries have imposed tit-for-tat tariffs on a combined $100 billion of products since early July, with more in the pipeline. China shares end higher in thin trade, investors shrug off new tariffsChina says will continue to fight back against US tariffs
China files complaint to WTO against US tariffs
Australia has banned Chinese telecoms firm Huawei Technologies Co Ltd from supplying equipment for a 5G mobile network, citing risks of foreign interference and hacking which Beijing dismissed as an "excuse" to tilt the playing field against a Chinese firm.The move, following advice from security agencies, signals a hardening of Australia's stance toward its biggest trading partner as relations have soured over Canberra's allegations of Chinese meddling in Australian politics.It also brings Australia in line with the United States, which has restricted Huawei and compatriot ZTE Corp from its lucrative market for similar reasons.The government said in an emailed statement on Thursday that national security regulations typically applied to telecom carriers would now be extended to equipment suppliers.Firms "who are likely to be subject to extrajudicial directions from a foreign government" would leave the nation's network vulnerable to unauthorised access or interference, and presented a security risk, the statement said.It did not name the Chinese firm specifically, but an Australian government official said the order was aimed at Huawei and precluded its involvement in the network.Huawei's Australian arm, which strenuously denies it is controlled by Beijing, said on Twitter on Thursday that the action was an "extremely disappointing result for consumers".In Beijing, Chinese foreign ministry spokesman Lu Kang said China expressed "serious concern", adding that Australia should not "use various excuses to artificially erect barriers"."We urge the Australian government to abandon ideological prejudices and provide a fair competitive environment for Chinese companies' operations in Australia," Lu said at a daily news briefing.Chinese law requires organisations and citizens to support, assist and cooperate with intelligence work, which analysts say can make Huawei's equipment a conduit for espionage."That's what you get when you have the aligned strategy of a Chinese company with the Chinese government," said John Watters, Executive Vice President and Chief Corporate Strategy Officer of cybersecurity firm FireEye Inc."(Australia) basically made a decision to spend more money to have more control over their national communication system, because they're up against a competitor that will sacrifice near-term margin for long-term intelligence advantage," he said.Australia had previously banned Huawei, the world's largest maker of telecommunications network gear, from providing equipment for its fibre-optic network and moved to block it from laying submarine cables in the Pacific.But Huawei's exclusion from the mobile network comes at a time of particularly strained relations between Australia and China, which Prime Minister Malcolm Turnbull had two weeks ago sought to reset with a conciliatory speech."It is ... out of step with this attempt to reset the relationship," said James Leibold, Associate Professor of Politics and Asian Studies at La Trobe University."They're not going to forget Turnbull's earlier strident language anytime soon," he said.Turnbull's tenure as prime minister appeared doomed on Thursday as his ruling party struggled with an internecine leadership battle which saw ministers desert Turnbull and call for a leadership vote. US, China to resume trade talks in Washington amid low expectationsChina reiterates support for Turkey's economyChina complains about Pentagon report, says it is 'pure guesswork'China think tank slammed for "procreation fund" idea
Australia bans China's Huawei from mobile network project, angers Beijing
China's stock markets ended higher on Thursday, as investors looked past new tariffs Washington and Beijing slapped on each other's goods in the latest escalation of the trade war between the world's two largest economies.The Shanghai Composite index ended 0.4 percent higher. The country's blue-chip index also gained 0.4 percent.Both indexes had traded lower in the morning session, but turned higher after the new tariffs were officially implemented at 0401 GMT on Thursday.The United States and China enacted 25 percent tariffs on $16 billion worth of the other's goods, following through on threats made earlier this month.While the immediate market reaction to the tariffs taking effect on Thursday was muted, investors and analysts will look to see how the increased trade barriers impact corporate earnings in months ahead."The tariffs were fully expected by the market. But the future of the discussions and how the U.S. and China will play the game remain great unknowns at the moment," said Zhang Gang, an analyst at Central China Securities in Shanghai."The correction in A-shares over the past few days has already basically reflected the negative factors pulling down the market," he said.Trade volumes were relatively light, with about 9.84 billion shares traded on the Shanghai exchange, roughly 72.6 percent of the market's 30-day moving average of 13.57 billion shares a day.European shares nudge higher, trade tariffs dent autosThe new tariffs on U.S. and Chinese goods bring to $100 billion the combined value of both country's products hit by tariffs since early July, and threaten to deepen the risks to global growth posed by the Sino-U.S. trade war.The smaller Shenzhen index ended up 0.6 percent and the start-up board ChiNext Composite index was higher by 1.1 percent.So far this year, the Shanghai and CSI300 stock indexes have both fallen 17.6 percent, making them the world's worst-performing major indexes. Shanghai stocks have declined 5.1 percent this month.Among the day's winners was Ping An Insurance Group Co of China, which extended a rally this week to end 2 percent higher. The company on Tuesday reported its largest half-yearly profit in at least a decade.The rise in Ping An shares helped to lift financial sector sub-index, which gained 0.5 percent.Consumer and healthcare firms, which have been battered in recent weeks by a confidence-sapping vaccine scandal, also rebounded, with the consumer staples sector up 0.4 percent and the healthcare sub-index up 0.8 percent.But real estate shares fell 1.3 percent amid a cloudy outlook for the sector.China says will continue to fight back against US tariffsSome developers also weighed in Hong Kong, where the Hang Seng index was down 0.6 percent at 0735 GMT. The China Enterprises index was off by 0.5 percent.Developer Sino-Ocean hit a one-year low after the company said its first-half profits fell 12.7 percent from a year earlier. Index component China Resources Land was 2.8 percent lower.Also pulling down shares in Hong Kong was Li & Fung Ltd , which fell to a six-week low after it posted sharply lower first-half profits and forecast a challenging environment for retailers.China Overseas Land gained 1.7 percent after announcing a 7.2 percent rise in first-half profits, despite the company noting "abortive land auctions" in many cities in China in the first half.Currency markets were unfazed by the imposition of new tariffs, with market observers noting that the impact of the tariffs on China's yuan had long been priced in.The currency's fall on Thursday reflected instead a rebound in the U.S. dollar in overseas markets, with the People's Bank of China setting the midpoint of the yuan's daily trading band at 6.8367 per dollar on Thursday, 96 pips weaker than Wednesday's fixing.At 0735 GMT, the spot yuan was trading at 6.8712 per dollar, 324 pips weaker than the previous day's close. 
China shares end higher in thin trade, investors shrug off new tariffs
China's commerce ministry said on Thursday that Beijing will have to continue to fight back against the latest implementation of U.S. tariffs on $16 billion of Chinese goods.China will file a complaint with the World Trade Organization (WTO) against the U.S. action, the ministry also said in a statement on its website.The latest round of U.S., Chinese import tariffs on each other's goods took effect as of 0401 GMT on Thursday. 'China is aiming to use pressure to affect elections': Taiwan presidentUS, China to resume trade talks in Washington amid low expectationsDollar falls after Trump criticizes FedUS tariffs to have negative impact on economy: Survey
China says will continue to fight back against US tariffs