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By Shen Lu / Nov 23, 2018 06:08 AM / Economy

Photo: Ministry of Commerce

Photo: Ministry of Commerce

China on Thursday called the findings of an updated U.S. trade report on China “unacceptable.”

The report, by the U.S. Trade Representative (USTR), is “disregarding the facts,” said Gao Feng, a spokesman for China's Ministry of Commerce. China “urges the U.S. side to stop making statements or moves that are destructive to bilateral economic and trade ties," Gao said. The USTR published an update Tuesday to a March report on China’s trade practices, accusing Beijing of continuing to support forced technology transfers, corporate espionage and cybercrime.

Gao reiterated that China views the U.S. investigation, as well as related trade measures, as unilateral, protectionist practices. Gao said China is also assessing the potential impact from a U.S. proposal to increase control over technology exports.

Related: Venture Capital, Faraday Cited in Renewed U.S. Allegations

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