Beijing urges US firms in China to lobby Washington over trade war

Yawen Chen, Hyunjoo Jin, Reuters

Posted at Jul 12 2018 07:34 PM

BEIJING/SEOUL - China on Thursday said foreign firms operating in China would suffer in a trade war, urging US companies to lobby their government to protect their interests, and said no talks to end the impasse were currently under way.

Earlier on Thursday, South Korea warned that its exports of high-tech components could be hurt as the US-China trade dispute escalates, Beijing cut its forecast for soybean imports and the Chinese currency fell as worries about fallout from the simmering conflict grew.

“We hope US firms can do more to lobby the US government, and work hard to defend their own interests,” Chinese commerce ministry spokesman Gao Feng told a media briefing.