China Opposes Proposed US Outbound Investment Restrictions

According to China News Service citing the Ministry of Commerce website, a ministry spokesperson responded to questions regarding the United States issuing proposed outbound investment restriction rules. The inquiry addressed the US Treasury releasing a new proposed outbound investment restriction rule on October 23 to solicit public comment. The Chinese side stated that this proposed rule discriminatorily broadens the scope and intensifies restrictions on investment in China, reflecting a generalized national security approach. China noted the proposal breaches major consensus reached by the two heads of state, disrupts normal economic and trade cooperation between Chinese and American enterprises, and damages the international trade order, prompting China's firm opposition and reservation of rights to adopt corresponding measures. China emphasized that restricting investment in China harms bilateral economic cooperation and undermines American enterprises' own interests. China urged the United States to respect market economy laws, cease politicizing and weaponizing trade issues, and foster a sound environment for bilateral economic and trade cooperation.

According to the Chinese side, restricting outbound investment toward China harms bilateral economic and trade cooperation while ultimately damaging the interests of American enterprises themselves.