China will use all necessary means to defend the interests of the country and its companies against a U.S. trade investigation, a spokesman for the Ministry of Commerce said on Thursday. The ministry on Monday expressed "strong dissatisfaction" with the U.S. launch of the probe into China's alleged theft of U.S. intellectual property, calling it "irresponsible". ALSO READ: US to review China intellectual property policiesThe probe is the Trump administration's first direct measure against Chinese trade practices, which the White House and U.S. business groups say are bruising American industry. "We will take all the necessary measures to resolutely defend the interests of China and Chinese firms" in the face of the unilateral U.S. actions, commerce ministry official Gao Feng told reporters at a regular news conference. "We will further improve the overseas investment reporting management system," said Gao, adding China would push forward legislation to govern foreign investment.

Source: Standard Digital August 24, 2017 05:15 UTC