Ministry of Chinese Commerce spokesperson by America on 22 February "America first" He gave his response regarding the release of investment policy memorandum. He said that the American approach normalizes the concept of national security and is discriminatory. It promotes a non-market system that severely affects general economic and business cooperation between enterprises of the two countries.
The Chinese spokesperson said that in relation to Chinese investment in the US, the strict security review of Chinese investment by the US will severely reduce the confidence of Chinese companies in investing in the US. We hope that the US will provide Chinese companies fair, transparent, stable and predictable business environment to invest in the US. The US will take more restrictive steps on American investment in China, which is very unfair. When relevant measures are implemented, they will further distort the investment exchange between the two countries and this will not benefit America.
Many American trade associations and companies have suggested that American companies will leave the Chinese market for other competitors due to American investment sanctions on China.
Chinese spokesperson said that China urged the US to follow international investment and trade rules and respect the laws of market economy. China will closely monitor America’s actions and take necessary steps to protect its valid rights and interests.
