Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
China says fees on ships linked to it will not revitalise US industry
A satellite image shows a vessel in Chinese shipyard in Guangzhou · Reuters

BEIJING (Reuters) - A plan by the United States to levy fees on China-linked ships will hurt global supply and industrial chains and undermine the interests of U.S. companies, China's foreign ministry said on Monday.

The move will not revitalise the U.S. shipbuilding industry, a ministry spokesperson told a regular press briefing, adding that China would take steps to uphold its rights and interests.

(Reporting by Beijing Newsroom; Editing by Clarence Fernandez)