June 5, 2019 / 1:17 PM / 3 months ago

China-U.S. trade row hurts foreign manufacturers in China: state planning official

HONG KONG (Reuters) - Foreign firms operating in China have felt a negative impact from the trade row between China and the United States, state news agency Xinhua reported on Wednesday, quoting a state planning official.

Among foreign companies, manufacturers bore the brunt of the trade friction, China’s National Development and Reform Commission (NDRC) vice chairman Ning Jizhe said during a meeting with foreign firms, according to Xinhua.

China would protect legal investment rights of foreign firms operating in the country and keep the industry chain basically stable, Xinhua quoted Ning as saying.

Reporting by Lee Chyen Yee in Singapore and Meg Shen in Hong Kong; Editing by Nick Macfie

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