China Urges US to Halt Investment Curbs
China urged the United States to stop expanding restrictions on American investments in sensitive technologies. The Chinese commerce ministry said the proposed rules would disrupt trade ties and damage bilateral economic relations.
China urged the United States on Saturday morning to halt proposed outbound investment curbs on sensitive technologies, warning the move would disrupt trade ties. The intervention follows Treasury proposals on Thursday adding biotechnology, high-performance computing, and hypersonic systems to restricted sectors. Beijing said the changes widen investment restrictions discriminatorily and violate recent presidential consensus.
