Tuesday, 22 April 2025
Home Topics Business China says it reserves right to take measures against US planned investment curbs
BusinessEconomyNewsTrade

China says it reserves right to take measures against US planned investment curbs

56
FILE PHOTO: Flags of the U.S. and China sit in a room where U.S. Secretary of State Antony Blinken meets with China's Minister of Public Security Wang Xiaohong at the Diaoyutai State Guesthouse, April 26, 2024, in Beijing, China.     Mark Schiefelbein/Pool via REUTERS/File Photo
China is firmly opposed to rules proposed by the U.S. to ban certain investments in AI. Mark Schiefelbein/Pool via REUTERS/File Photo

BEIJING (Reuters) – China is gravely concerned and firmly opposed to U.S. proposed rules for curbing certain investments in the country, and reserves the right to take corresponding measures, the Chinese commerce ministry said on Monday.

The U.S. should “stop politicising and weaponising economic and trade issues, and lift investment restrictions on China”, the ministry said in a statement.

Washington issued on Friday draft rules for banning or requiring notification of certain investments in artificial intelligence and other technology sectors in China that could threaten U.S. national security.

(Reporting by Ethan Wang, Albee Zhang and Ryan Woo; Editing by Jacqueline Wong)

Related Articles

Lilium burnt through huge sums while trying to develop its jet (AFP)

German flying taxi start-up’s rescue deal collapses

A German flying taxi start-up said on Friday it would halt operations...

FILE PHOTO: U.S. Secretary of the Interior Doug Burgum speaks as he attends a signing ceremony with members of the West Virginia Congressional Delegation at the EPA headquarters in Washington, D.C., U.S., February 18, 2025. REUTERS/Kent Nishimura/File Photo

US energy council chief says power plants to produce 15% more electricity

By Valerie Volcovici WASHINGTON (Reuters) – U.S. Interior Secretary and co-chair of...

Cuba has inaugurated a new solar energy park in the capital Havana (AFP)

Cuba opens solar park hoping to stave off blackouts

Cuba on Friday unveiled a new solar energy park in the capital...

FILE PHOTO: Cranes unload imported iron ore from a cargo vessel at a port in Lianyungang, Jiangsu province, China October 27, 2019. REUTERS/Stringer/File Photo

Iron ore heads for weekly gain on brightening demand outlook, China stimulus hopes

By Amy Lv and Lewis Jackson BEIJING (Reuters) -Iron ore futures prices...

Login into your Account

Please login to like, dislike or bookmark this article.