China has expressed strong opposition to new U.S. regulations imposing investment restrictions on Chinese companies, a move that Beijing calls an overreach of national security measures. According to a spokesperson from China’s Ministry of Commerce, the U.S. decision to restrict investment in key sectors, including semiconductor chips, artificial intelligence, and quantum computing, constitutes a “non-market practice” that threatens economic cooperation.
China has lodged a formal protest and reserves the right to respond, the spokesperson said in a statement on the ministry’s website. The restrictions, Beijing argues, target industries that are largely unconnected to national security, potentially impacting the operations of both Chinese and American businesses in these fields.
Concerns over the impact of the new rules have also been raised by U.S. companies and trade groups, with many warning that American firms may lose their competitive edge in China’s market to international rivals, causing significant financial losses.
The Ministry of Commerce spokesperson urged the U.S. to reconsider, advising that it uphold market principles and refrain from using economic measures as political leverage.