US Treasury rules worry investors
By Ren Xiaojin in Beijing and Zhao Huanxin in Washington | China Daily | Updated: 2018-10-19 07:49
Beijing hopes a new measure adopted by the US Treasury will not emerge as an obstacle against an open, predictable and transparent investment environment in the US for Chinese investors, the Ministry of Commerce said on Thursday.
Officials expressed concern about rules released on Oct 10 by the US government that will implement tougher reviews of foreign investment deals in 27 fields, including semiconductors, telecommunications and defense.
"The ministry is evaluating the potential impact of the rules on Chinese companies going to the US," ministry spokesman Gao Feng said in a news conference.
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