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China says US 'America First Investment Policy' discriminatory, seriously harmful

( February 24, 2025, 04:19 GMT | Official Statement) -- MLex Summary: China called the US move to release an "America First Investment Policy" memorandum discriminatory and a "typical non-market practice," saying it would seriously harm economic and trade cooperation between Chinese and US businesses, a spokesman for the Ministry of Commerce said in a statement. The ministry warned that tightened security scrutiny of Chinese investment in the US would undermine investor confidence, while the additional restrictions on US investment in China would distort bilateral trade ties and not benefit the US itself. China urged the US to stop politicizing and weaponizing economic and trade issues, and vowed to take necessary measures to protect its legitimate interests.The statement follows:...

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