China says targeting Huawei threatens global supply chain

China said the new United States (US) export restrictions targeting companies including Huawei Technologies Co may threaten the global supply chain.

Beijing opposes the new US rules and will take all necessary measures to defend the rights and interests of Chinese companies, the Ministry of Commerce said in a statement Sunday. It urged Washington to help create conditions for normal trade and cooperation between enterprises.

The US on Friday moved to prevent sales to Shenzhen-based Huawei by chip-makers using American technology. The Commerce Department said it would require licenses before allowing US equipment to be used by the Chinese company or its 114 subsidiaries, including its chip-design unit HiSilicon.