Technology firms increasingly encountering obstacles in the US
Chinese technology companies are finding it increasingly harder to access the United States market, as Washington adopts double standards in investment and trade and leverages national security as ways of preventing these enterprises from expanding in the US, analysts said.
The comments came amid heightened trade tension between the two nations after US President Donald Trump signed a memo on Thursday imposing tariffs on as much as $60 billion worth of Chinese imports. Trump also signed a memorandum to add new investment restrictions on Chinese companies and adding investment restrictions on Chinese companies.
Bai Ming, a researcher at the Ministry of Commerce, said the US government's current trade and investment policy is without doubt "a matter of double standards".
