China Condemns US Investment Restrictions, Urges Fair Trade
China Condemns US Investment Restrictions, Urges Fair Trade

China Condemns US Investment Restrictions, Urges Fair Trade

News summary

China's business community and government officials have expressed strong opposition to the United States' recent 'America First Investment Policy' memorandum, which aims to restrict Chinese investments in key sectors including technology and critical infrastructure. The China Council for the Promotion of International Trade warned that these measures would undermine normal business operations and disrupt global supply chains. Chinese officials criticized the U.S. for using national security as a pretext for discriminatory investment restrictions, claiming such policies distort fair competition and damage U.S. economic interests. They urged the U.S. to respect international trade rules and stop politicizing economic issues. Furthermore, China has indicated it will take necessary measures to protect its rights and interests amid these developments. Overall, the escalating tensions reflect concerns over the implications of U.S. policies on bilateral trade relations.

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