Spokesperson for the Ministry of Commerce Answers Questions on the U.S. Release of the Proposed New Version of Outbound Investment Restrictions

Zhitong Finance APP has learned that a spokesperson for the Ministry of Commerce answered reporters' questions regarding the U.S. release of a new version of proposed rules on outbound investment restrictions. The spokesperson stated that the proposed rules discriminately expand the scope of investment restrictions on China and intensify the restrictions. This is a typical practice of overgeneralizing national security, violates the important consensus reached by the two heads of state, disrupts normal economic and trade cooperation between Chinese and U.S. enterprises, and undermines the international economic and trade order. China expresses serious concern and firm opposition to this, will closely monitor subsequent developments, and reserves the right to take corresponding measures.