China Criticizes US Sanctions Against CEIEC

China criticized the U.S. decision this week to sanction the China National Electronics Import & Export Corp. (see 2011300035), saying it opposes U.S. unilateral sanctions and interference in Venezuela. The U.S. sanctioned the Chinese company for exporting advanced technologies and technical expertise to Venezuela. “The U.S. practice is nothing but another pretext to suppress Venezuela and relevant Chinese companies,” a ministry spokesperson said Dec. 1 during a regular press conference. “China will take necessary measures to uphold the legitimate rights and interests of Chinese companies.”