"This lawsuit is a stalling tactic and tells me that we have been on the right side of this issue all along,"
""China firmly opposes it, will never accept it, and reserves the right to take strong countermeasures," Pengyu said."
"It called the lawsuit " very absurd " when it was filed in 2020."
Missouri seeks to collect a roughly $25 billion federal judgment alleging China hoarded personal protective equipment during the early COVID-19 pandemic, harming the state and residents. A federal judge ruled in favor of Missouri after China declined to participate in the trial. Missouri requested that the U.S. State Department notify China of intent to pursue assets with full or partial Chinese government ownership to satisfy the judgment. China filed a complaint in the Intermediate People's Court of Wuhan demanding a public apology, about $50.5 billion plus legal fees, and reserved rights to seek further compensation. Chinese officials called the original lawsuit politically motivated and maintain pandemic actions fall outside U.S. jurisdiction, while legal experts note sovereign immunity may limit collection options.
Read at Fortune
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