On October 24, a reporter asked: On October 23, the U.S. Department of the Treasury released a new proposed rule on foreign investment restrictions and is seeking public comments. What is China's comment on this? The response: China has noted the relevant situation. The proposed rule discriminatively expands the scope of investment restrictions against China and intensifies the restrictions, which is a typical practice of generalizing national security. This goes against the important consensus reached by the leaders of both countries, interferes with normal economic and trade cooperation between Chinese and American enterprises, and undermines the international economic and trade order. China expresses serious concern and strong opposition to this and will closely monitor the subsequent developments, reserving the right to take corresponding measures. China has a vast market with enormous consumption and investment potential; investing in China is investing in the future. The U.S. restrictions on investment in China are not conducive to Sino-U.S. economic and trade cooperation and will also harm the interests of American enterprises. China urges the U.S. to respect the laws of the market economy, stop generalizing the concept of national security, and cease politicizing and weaponizing economic and trade issues, in order to create a favorable environment for Sino-U.S. economic and trade cooperation.
All Comments