CCTV News: The reporter learned from the Ministry of Commerce that on February 21, Eastern Time, the White House website released a memorandum of investment policy for the "America No. 1", announcing that it would adjust its investment policy in the United States, focusing on further restricting two-way investment with China.
In this regard, a spokesperson for the Ministry of Commerce said that the US's practices generalizing the concept of national security is discriminatory and are a typical non-market practice, which seriously affects the normal economic and trade cooperation between the two countries. In terms of China's investment in the United States, the United States has imposed strict security reviews on Chinese investment, which will seriously damage Chinese companies' confidence in investment in the United States. In terms of US investment in China, the US will further take more restrictive measures, which is very unreasonable. Once the relevant measures are implemented, they will further distort investment exchanges between the two countries and will not benefit the United States itself. Many American business associations and companies have proposed that U.S. investment restrictions on China will lead to U.S. companies giving up the Chinese market to other competitors. China urges the US to abide by international investment and trade rules, respect the laws of the market economy, and stop politicizing and weaponizing economic and trade issues. China will closely monitor the US trends and take necessary measures to defend its legitimate rights and interests.
