China criticizes U.S. limitations on bilateral trade, investment
On Monday, the China Council for the Promotion of International Trade (CCPIT) reported that China's business community is firmly against the United States expanding the definition of national security in a way that disrupts economic and trade relations between the two countries.
TroibNews 
The business community in China has expressed strong opposition to what it sees as the United States' excessive interpretation of national security, which is negatively impacting bilateral economic and trade relations, according to a statement from the China Council for the Promotion of International Trade (CCPIT) on Monday.
A spokesperson for the CCPIT made this statement in reaction to inquiries regarding the "America First Investment Policy" memorandum.
The spokesperson highlighted that the U.S. is not only placing restrictions on Chinese investments across various sectors—including technology, critical infrastructure, healthcare, agriculture, energy, and raw materials—through security reviews but is also employing economic sanctions and financial audits to tighten control over investments in China based on industry scope, investment types, and funding sources.
The spokesperson cautioned that if these measures are enacted, they would have a detrimental impact on normal business operations, weaken the international economic and trade order, and destabilize global industrial and supply chains.
The spokesperson called on the U.S. to honor the principles of market economy and fair competition, to clearly define the boundaries of national security in economic and trade matters, and to remove restrictions on two-way investments between China and the United States. This would foster a conducive environment for mutually beneficial cooperation between the business communities of both countries.
The "America First Investment Policy" memorandum, signed by U.S. President Donald Trump on Saturday, outlines that the United States will "use all necessary legal instruments" to limit investments by individuals associated with China in U.S. "technology, critical infrastructure, healthcare, agriculture, energy, raw materials or other strategic sectors."
Jessica Kline contributed to this report for TROIB News
A spokesperson for the CCPIT made this statement in reaction to inquiries regarding the "America First Investment Policy" memorandum.
The spokesperson highlighted that the U.S. is not only placing restrictions on Chinese investments across various sectors—including technology, critical infrastructure, healthcare, agriculture, energy, and raw materials—through security reviews but is also employing economic sanctions and financial audits to tighten control over investments in China based on industry scope, investment types, and funding sources.
The spokesperson cautioned that if these measures are enacted, they would have a detrimental impact on normal business operations, weaken the international economic and trade order, and destabilize global industrial and supply chains.
The spokesperson called on the U.S. to honor the principles of market economy and fair competition, to clearly define the boundaries of national security in economic and trade matters, and to remove restrictions on two-way investments between China and the United States. This would foster a conducive environment for mutually beneficial cooperation between the business communities of both countries.
The "America First Investment Policy" memorandum, signed by U.S. President Donald Trump on Saturday, outlines that the United States will "use all necessary legal instruments" to limit investments by individuals associated with China in U.S. "technology, critical infrastructure, healthcare, agriculture, energy, raw materials or other strategic sectors."
Jessica Kline contributed to this report for TROIB News
