The announcement came after the US Department of Commerce imposed denial of export privileges against ZTE for alleged violations of the Export Administration Regulations earlier this week, Xinhua news agency reported.
The Shenzhen-based company said it is determined to take all means permitted by law to safeguard its legitimate rights and interests, while it will continue efforts to solve the issue through dialogue.
China's Ministry of Commerce (MOC) said Thursday that the US action against ZTE will damage itself. "The action targets China, however, it will ultimately undermine the US itself," said MOC spokesperson Gao Feng.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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