China has criticized the United States’ latest move to impose new restrictions on investments between the two countries, pledging to take necessary actions to protect its interests.
On Saturday, a spokesperson for China’s Ministry of Commerce (MOFCOM) called out the US for what it described as discriminatory policies that limit Chinese investment in the US and American investment in China. The spokesperson argued that Washington is broadening the concept of national security unfairly and implementing non-market measures that disrupt normal economic and trade relations.
“These moves will severely damage Chinese companies’ confidence in investing in the US,” the spokesperson said. “We urge the US to provide a fair, transparent, and predictable business environment for Chinese investors.”
The Chinese government also criticized additional US restrictions on American investments in China, labeling the decision as “unreasonable.” Beijing warned that these actions could distort bilateral trade and investment flows, ultimately harming US interests as well.
Industry groups and American businesses have expressed concerns that such policies might push US firms out of the Chinese market in favor of global competitors, according to MOFCOM.
China has called on the US to adhere to international trade and investment rules, avoid politicizing economic issues, and respect market principles. The MOFCOM reiterated that China would closely monitor the situation and take all necessary steps to protect its legitimate economic rights and interests.
