Featured
China opposes U.S. politicizing trade issues after NYSE delists Chinese telcos
The U.S. should stop abusing national security and state power to suppress Chinese companies, Chinese Foreign Ministry spokesperson Hua Chunying said at a press briefing on Monday, blasting the U.S.’s delisting of three Chinese telcos as politicizing trade issues.
The remark came after the New York Stock Exchange (NYSE) announced last Thursday that it would begin delisting China Telecom Corp. Limited, China Mobile Limited, and China Unicom Hong Kong Limited, abiding by an executive order from U.S. President Donald Trump that imposes restrictions on companies identified as “affiliated with the Chinese military.”
“China hopes that the U.S. will respect the market, the rule of law, and do more things that are conducive to the stable development of the global economy,” Hua said, adding that China will take necessary measures to protect the interests of Chinese enterprises.
Over the weekend, China’s Ministry of Commerce (MOFCOM) and the China Securities Regulatory Commission (CSRC) have respectively voiced strong opposition to the move, vowing to firmly support China’s three big telcos to protect their rights and interests.
According to the three companies’ statements, none of them have received notification from the NYSE on its decision to delist their American Depositary Shares (ADSs).
Featured
CSO Salutes Trump
A Civil Society Organization (CSO) under the aegis of Initiative for Leadership Development and Change (ILDC) has congratulated President Donald Trump as the 47th President of the United States of America.
Chief Ugochukwu Nnam, President of the CSO said this in an interview with the Newsmen in Abuja on Monday.
He expressed optimism over improvement on not just American economy but global economy with the inauguration of Trump.
“This is a man with greater vision of making environment around him great.
“In less than few hours of his inauguration, TikTok is back into existence, this shows how he is going to revive the world economy,” he said.
The ILDC boss who reiterated his confidence in Trump’s Presidency, described him as a man of clues and ideas to drive a stable America and the world at large.
He lauded Trump’s collaboration with global entrepreneurs like Elon Musk in an effort to revitalize America’s economy.
According to him, men and women of ideas flock together, they work together for better society and this is what Trump is doing.
Recall that Donald Trump became the 47th President of the U.S by polling 312 electoral votes Vice President Kamala Harris’ 226 votes in Nov, 2024.
Following the oath of office, Trump will address the nation before he is expected to parade across town to the White House and attend three inaugural balls in the evening
About 200,000 supporters are expected to visit the city to mark the presidential transfer of power.
-
Featured6 years agoLampard Names New Chelsea Manager
-
Featured5 years agoFG To Extends Lockdown In FCT, Lagos Ogun states For 7days
-
Featured6 years agoNYSC Dismisses Report Of DG’s Plan To Islamize Benue Orientation Camp
-
Featured5 years agoChildren Custody: Court Adjourns Mike Ezuruonye, Wife’s Case To April 7
-
Featured3 years agoTransfer Saga: How Mikel Obi Refused to compensate me After I Linked Him Worth $4m Deal In Kuwait SC – Okafor
-
Sports2 years ago
TINUBU LAMBAST DELE MOMODU
-
News3 weeks agoZulu to Super Eagles B team, President Tinubu is happy with you
-
Featured5 years ago
Board urges FG to establish one-stop rehabilitation centres in 6 geopolitical zones
