China Slams U.S. Ban on Its Smart Car Tech

A rundown of the news making headlines in and around China:

Smart car ban: The foreign ministry called a U.S. rule designed to bar Chinese technology from cars sold in the U.S. a textbook example of “protectionism and economic coersion.” Ministry spokesperson Guo Jiakun made the statement Wednesday after the U.S. government issued a final rule on the ban of intelligent connected vehicles manufactured by Chinese and Russian firms, as well as the software and hardware that run them. Washington sees certain technologies originating from China or Russia as posing an unacceptable risk to U.S. national security. There’s no publicly available data on how much of this software and hardware from China is sold to the U.S.. One estimate said the U.S. accounts for 1% of China's total exports of electric vehicles.