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China Slams U.S. Over New Investment Curbs 🚫🇺🇸

China has fired back at new U.S. investment restrictions, calling them “discriminatory” and vowing to defend its interests in the latest trade clash between the world’s two largest economies. 🌍💼

Key Quotes from Beijing

Foreign Ministry spokesperson Lin Jian accused the U.S. of “hurting its own economic interests” by imposing Friday’s memorandum, which labels China a “foreign adversary” and tightens rules on cross-border investments. 💬🔥

What’s at Stake?

The measures could:

  • 🚧 Erode confidence in U.S. markets among Chinese firms
  • 💸 Disrupt normal investment flows
  • 📉 “Distort” global trade rules (WTO violations cited)

Lin specifically criticized U.S. restrictions on China’s shipbuilding sector via the Section 301 mechanism – a move he called “politically driven.” ⚓️💥

The Bigger Picture

With Beijing promising “necessary measures” to counter the restrictions, this clash adds fuel to ongoing tensions – think of it like a high-stakes game of economic chess where every move affects global supply chains. ♟️🌐

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