China to keep close tabs on US investment strategy

Nation against use of national security as a barrier for overseas funding deals

China will keep a close watch on the strategy adopted by the United States vis-a-vis inbound investments and continue to oppose the use of national security to limit foreign investments, the Ministry of Commerce said on Thursday.

The comments came after the US government said on Wednesday that it will adopt an enhanced national security review process to deter Chinese acquisitions of "sensitive" US technologies, a softer way than levying specific restrictions on investments from China.