China Objects to US Treasury's Proposed Investment Restrictions

Key summary

A spokesperson for China's Ministry of Commerce expressed strong concern and opposition to a recent proposal from the US Treasury Department to expand and tighten outbound investment restrictions on China. The Chinese side characterized the move as discriminatory and an excessive application of national security concepts that violates key agreements between the two nations' leaders, hinders normal economic cooperation, and undermines international trade rules. While the US proposal is currently open for public comment, China stated it will monitor developments closely and reserve the right to take corresponding countermeasures. The spokesperson noted that restricting investment in China not only affects bilateral cooperation but also harms US companies by limiting access to China's vast market potential. China called on the US to respect market economy principles, stop overusing national security concepts, avoid politicizing trade issues, and foster a better atmosphere for economic and trade cooperation.