This undated photo shows the entrance to China’s Ministry of Commerce in Beijing. (PHOTO / VCG)
BEIJING – The US move to release the “America First Investment Policy” memorandum seriously affects normal economic and trade cooperation between Chinese and US enterprises, a spokesperson for the Chinese Ministry of Commerce said Saturday.
The move, which generalizes the national security concept, is discriminatory and a “typical non-market practice,” the spokesperson said.
US decision to tighten security reviews targeting investments from China will seriously undermine the Chinese enterprises’ confidence in investing in the United States, according to the spokesperson.
“We hope the US side will provide a fair, transparent, stable and predictable business environment for Chinese enterprises investing there,” the spokesperson said.
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