China opposes U.S. investment restrictions, warns of economic impact

China has expressed strong opposition to the U.S. final regulations imposing investment restrictions aimed at the country, a spokesperson from the Ministry of Commerce announced on Wednesday.

In a statement published on the ministry’s website, the spokesperson revealed that China has lodged formal complaints with the U.S. and reserves the right to take retaliatory actions.

The spokesperson criticized the U.S. for overextending the concept of national security to justify discriminatory investment measures against China, labeling these actions as typical non-market practices.

The U.S. restrictions specifically target sectors such as semiconductor manufacturing, artificial intelligence, and quantum computing.

The spokesperson emphasized that most industries affected by these measures are not directly connected to national security, yet they will still be impacted by the U.S. ban.

“This will disrupt normal economic and trade cooperation between Chinese and U.S. companies, harming the interests of businesses in both countries,” the spokesperson stated.

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China has also noted concerns raised by numerous U.S. business associations and companies, which warn that these investment restrictions could lead American firms to abandon the Chinese market.

The spokesperson cautioned that this would benefit competitors from other nations and could severely damage U.S. interests.

The statement concluded with a call for the U.S. to respect market economy principles, accurately define the boundaries of national security in economic and trade matters, and refrain from politicizing and weaponizing these issues.