The
Trump administration on Friday moved to block global chip
supplies to blacklisted telecoms equipment giant Huawei
Technologies, spurring fears of Chinese retaliation and
hammering shares of U.S. producers of chipmaking equipment.
China will firmly defend its companies' legal rights, the
foreign ministry said in a statement in response to Reuters'
questions on whether Beijing would take retaliatory measures
against the United States.
(Reporting by Pei Li and Ryan Woo; Editing by Sam Holmes)
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