China has slammed new US restrictions on bilateral investments, calling the measures “discriminatory” and vowing to defend its economic interests. The clash marks the latest chapter in escalating trade tensions between the world’s two largest economies. 🌍⚖️
A spokesperson for China’s Ministry of Commerce (MOFCOM) criticized the US for expanding national security definitions to block investments, accusing Washington of undermining fair competition. “These policies distort markets and harm American businesses,” the spokesperson warned, citing concerns from US industry groups about losing ground in China’s lucrative market. 💸📉
MOFCOM urged the US to “stop politicizing trade” and create a “transparent, predictable environment” for investors. China also pledged to monitor the situation closely and take “all necessary measures” to protect its rights—a signal that countermeasures could follow. 🔍🚨
With both economies deeply intertwined, analysts say the restrictions risk disrupting global supply chains and slowing innovation. As the economic chessboard shifts, businesses and investors are bracing for ripple effects. 🧩🌐
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China slams US investment curbs, vowing to protect its interests
cgtn.com