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Q: On October 23, the US Treasury issued a new version of the proposed rules restricting foreign investment to solicit comments from the public. What comments does the Chinese side have on this? A: The Chinese side has taken note of the relevant situation. The proposed rule discriminately expands the scope of investment restrictions in China and increases the restrictions. It is a typical general national security practice. It violates the important consensus reached by the heads of state of the two countries, interferes with normal economic and trade cooperation between Chinese and US enterprises, and undermines the international economic and trade order. The Chinese side expresses serious concern and firm opposition to this. It will closely monitor the subsequent development of the situation and reserves the right to take corresponding measures. China has a hyperscale market with huge consumption and investment potential. To invest in China is to invest in the future. The US side's restrictions on investment in China are not only detrimental to Sino-US economic and trade cooperation, but also damage the interests of American companies themselves. China urges the US side to respect the laws of the market economy, stop generalizing the concept of national security, stop politicizing and weaponizing economic and trade issues, and create a favorable environment for Sino-US economic and trade cooperation.
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Q: On October 23, the US Treasury issued a new version of the proposed rules restricting foreign investment to solicit comments from the public. What comments does the Chinese side have on this? A: The Chinese side has taken note of the relevant situation. The proposed rule discriminately expands the scope of investment restrictions in China and increases the restrictions. It is a typical general national security practice. It violates the important consensus reached by the heads of state of the two countries, interferes with normal economic and trade cooperation between Chinese and US enterprises, and undermines the international economic and trade order. The Chinese side expresses serious concern and firm opposition to this. It will closely monitor the subsequent development of the situation and reserves the right to take corresponding measures. China has a hyperscale market with huge consumption and investment potential. To invest in China is to invest in the future. The US side's restrictions on investment in China are not only detrimental to Sino-US economic and trade cooperation, but also damage the interests of American companies themselves. China urges the US side to respect the laws of the market economy, stop generalizing the concept of national security, stop politicizing and weaponizing economic and trade issues, and create a favorable environment for Sino-US economic and trade cooperation.
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