Beijing says investor curbs may backfire
China will closely watch and fully evaluate the potential impact on Chinese companies of the planned investment restrictions expected to be announced by the administration of United States President Donald Trump, the Ministry of Commerce said in a statement on Wednesday.
The ministry released the brief statement before the possible unveiling of a new rule by Washington this week that would limit Chinese investment in technology firms in the US.
"Such a rules-breaking practice shows that the US has already brought the tension from the field of trade to the area of investment. It will push global investors, especially those from China, Germany, France and Japan, to lose trust in the US market," said Li Yong, a senior fellow with the China Association of International Trade.