Story perspectives
China Warns U.S. Investment Curbs Could Trigger Countermeasures
By Drooid · · How we work
1 of 1
Story summary
- China’s commerce ministry urged the United States to halt expanding investment restrictions on American firms.
- The U.S. Treasury Department proposed updating its outbound-investment security programme on Thursday.
- The update adds biotechnology and expands high-performance computing and hypersonic system coverage.
- Beijing called the rule discriminatory, warning it could damage bilateral economic ties and trigger countermeasures.
- U.S. officials said the steps aim to prevent capital from aiding foreign adversaries’ dual-use technologies.
