China condemns U.S. revoking licenses to ship chips to Huawei

China's commerce ministry on Wednesday condemned a U.S. decision to revoke licenses that had let companies ship chips to sanctioned Chinese telecoms equipment maker Huawei Technologies, calling the move a "typical practice of economic coercion".

"The U.S. has generalized the concept of national security, politicized economic and trade issues, abused export control measures... China is firmly opposed to this," a ministry spokesperson said in a statement.

China will take all necessary measures to safeguard the rights and interests of Chinese firms, the statement added.