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Trade war

China takes aim at foreign companies swayed by US sanctions

Beijing's retaliatory measure seeks damages for business losses

The U.S. has pressured allies to exclude Huawei from their 5G infrastructure and most European countries, Japan, Australia and other nations halted transactions.   © Reuters

BEIJING -- China issued countermeasures on Saturday to dissuade foreign companies from complying with U.S. restrictions that ban business transactions with Chinese individuals and companies such as Huawei.

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